Accelerating progress is important if net-zero goals are to be achieved
Permitting bottlenecks hamper hydrogen projects
Surge of proposals not matched by capital commitments as governments are swamped with planning and permitting applications, according to report from the Hydrogen Council and McKinsey
More than 350 new large-scale hydrogen project proposals have been announced over the past year, according to the latest Hydrogen Insights report from consultants McKinsey and industry body the Hydrogen Council. This brings the number of large-scale project proposals as of the end of January 2023 to more than 1,000, 795 of which aim to be fully or partially commissioned by 2030. “We are filling a funnel that has many, many steps” Wilson, Hydrogen Council Giga-scale projects (more than 1GW of electrolysis for renewable hydrogen supply) account for 112 proposals—double the number in the 2022 report. But less than 10pc of the $320bn of announced investments in all hydrogen projects thro
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