Will green hydrogen overtake other forms of production?
The pipeline of new projects is growing fast. We're seeing larger integrated energy, industrial and financial players advancing innovative new projects, with the tailwind of net-zero carbon policy at their back.
Love the "growing fast".
1+1=2. That is 100% growth.
I'll tell you what is FAST. 50% sustained growth over a decade starting at 500,000. That is astoundingly fast.
You may have it as you wish. But you might want to ask how many Toyota cars are in mass production with hydrogen fuel cells?
The answer is One.
How long have Toyota been working on that technology?
Since 1992
When did it first go on sale?
2015
As of Dec 2021, how many have been sold globally?
17,940
To Dec 2020 what is the total of Fuel Cell vehicles sold globally
71,583
Now let's put that into perspective.
Tesla manufactured more vehicles than that in March. VW is quickly catching up on that number monthly.
Now look to the future.
Globally Battery EV sold 4.6m in 2021. Tesla, in March, added another 1m in capacity to that. They also, by January, had added another 300k capacity in Shanghai.
Battery EV growth in 2021 was 119%. FCV vehicle growth was???? You can't even find the stats because they are too low.
You believe that there are not enough charge points for BEV. Just how would 100,000 fuel cell car owners do? Not only are there "not enough", there are virtually none.
I'm not misdirecting or banging a drum or cheerleading or anything like that. I'm standing back and saying "you might actually want to stop and look at the reality around you instead of reading these articles which are almost never going to come to anything".
Reality is EV is here. Reality is EV is cheaper, easier and holds its value longer. Now that competent EV and plentiful charge points are actually here, the world has changed. The press is sitting there with their hands over their heads and humming REALLY LOUD whilst writing articles about how EV is never going to make it because Hydrogen is the fuel of the future.