BNEF: Separating Hype from Hydrogen – Part Two: The Demand Side

Published 16 Oct 2020

In the first part of my deep dive into the economics of hydrogen, published last week, I looked at the supply side and distribution – in particular the EU’s $550 billion Hydrogen Strategy, which sits at the heart of its Green Deal and Covid recovery plan. TLDR: Hydrogen will play a vital role as a chemical feedstock, including for shipping and aviation fuels, and as a guarantor of resilience in a renewables-based power system. EVERYTHING else goes electric.