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Unraveling Hydrogen Investment Landscape and Infrastructure Dilemmas

In the ever-evolving landscape of clean energy, hydrogen has emerged as a key player in the quest for sustainable solutions. The recent collaboration between the Hydrogen Council and McKinsey has shed light on the state of the hydrogen economy, uncovering a narrative of substantial investments but a notable shortfall in final investment decisions (FIDs).

hydrogen

Russia has unveiled plans to ramp up its hydrogen production and secure a substantial 20% share by 2030. Ilya Torosov, Russian First Deputy Minister of Economic Development, disclosed this ambitious strategy during the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28), underlining Russia’s commitment to positioning itself as a key player in the hydrogen landscape.