In S&P’s ‘As important as oil was in the past’: Hydrogen rises up the agenda in Q2, includes BVGA’s Lee Wilkinson views on the potential for Hydrogen development. Lee is quoted as saying that said, the cost of producing renewable hydrogen is still too high compared with fossil fuels used in the same applications.
“It hinges largely on government policy,” Wilkinson said in an email. To sustain momentum and achieve economies of scale and cost reductions, governments will have to support research and development, set hydrogen production targets and provide revenue support mechanisms.
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