Clean hydrogen projects at risk due to high interest rates: WoodMac

High capex for these facilities means even a 2% rise in cost of borrowing would increase the levelised cost of H2 by 10%

The Eccles Building, which houses the Board of Governors' offices for the US Federal Reserve, its central banking system.
The Eccles Building, which houses the Board of Governors' offices for the US Federal Reserve, its central banking system.Photo: Board of Governors for the Federal Reserve System
Published 19 April 2024, 07:35Updated 19 April 2024, 07:35