Browsing: Europe

The International Energy Agency (IEA) released its annual report on the hydrogen business on October 2, 2024. The findings may have left those hopeful for hydrogen’s rise in the energy sector feeling let down.

Europe is at risk of losing its lead in hydrogen technology. China and the USA are advancing faster, warns a study by Boston Consulting Group (BCG). Europe still benefits from earlier advantages in materials, efficiency, and longevity of plants. However, this lead is diminishing.