Financial Times: “The US Throws a Lifeline to the Green Hydrogen Industry—Will It Be Enough?”
RFF Fellow Aaron Bergman comments on the future of the green hydrogen industry.
If only 25 percent of announced green hydrogen projects are able to start construction before the end of 2027, that will challenge the sector’s ability to lower costs. The industry will probably need government incentives after the termination date, he added.
Aaron Bergman, a fellow at Resources for the Future, agreed. “If you look at the wind and solar industry it took decades for the cost to come down. The hydrogen industry has not had that time,” he said.