Low-carbon hydrogen not cheap, needs support, says energy organization

Low-carbon hydrogen isn’t “cost competitive with other energy supplies in most applications and locations” and the situation is unlikely to change unless there’s “significant support to bridge the price gap,” according to the World Energy Council.

Published Tuesday, the analysis – which was put together in collaboration with PwC and the U.S. Electric Power Research Institute – raised the question of where funding for such support would come from, but also pointed to the increasing profile of the sector and the positive effect this could have.

In an announcement accompanying a briefing, the London-based energy organization said “environmental and political drivers” were “sending…