'We overestimated how much hydrogen the world would need to reach net zero': analysts admit

BNEF and the ETC anticipate that more sectors will decarbonise via electrification rather than H2, as costs are falling much faster

Martin Tengler, head of hydrogen research at BNEF (left) and Adair Turner, chairman of the ETC (on video link), speaking at the Venice Hydrogen Forum.
Martin Tengler, head of hydrogen research at BNEF (left) and Adair Turner, chairman of the ETC (on video link), speaking at the Venice Hydrogen Forum.Photo: Green Hydrogen Organisation
Published 28 October 2024, 08:55Updated 29 October 2024, 13:25
BloombergNEFEnergy Transitions CommissionGreen H2Heavy industryRoad transport