Hydrogen will play an indispensable role in a future carbon-free energy system, according to nearly everyone concerned with the matter. But scenarios showing its share in final energy in the year 2050 vary considerably. The International Renewable Energy Agency (IRENA) says 12%, the Brussels-based Hydrogen Council says 18%, while the EU’s announced target is 24%. Whatever the final outcome may be, industry watchers now largely agree that there are two realms where costs must come down for carbon-free hydrogen to advance. The cost…
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