Related Articles
Emerging market for clean hydrogen
Forward article link
Share PDF with colleagues

Oil majors see 2030 tipping point for clean hydrogen

Governments support initial expansion before new phase of competition kicks in, executives tell industry event

The clean hydrogen sector will evolve through two distinct phases of development through 2030 and beyond, according to oil and gas company executives. An initial ‘market-build’ phase will be heavily shaped by government incentives to support the scaling-up of supply and demand through to 2030 or 2035, followed by a second phase where projects will become exposed to far greater competition and scrutiny of returns on investment, they told Reuters’ ‘Oil and Gas Majors in Hydrogen’ event. “We see the (clean) hydrogen markets developing in different phases,” said Shirley Oliveira, vice president, hydrogen and CCUS advisory services at BP. “Between now and 2030 is really a sort of build-out of



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
European chemicals sector rises to climate challenge
1 December 2021
Industry responds to EU’s ‘Fit for 55’ package with new business models and alliances with other sectors, says PwC’s global head of chemicals
Petronas eyes Asian hydrogen markets
1 December 2021
Firm is moving ahead with green and blue hydrogen projects with goal of supplying existing LNG customers
Precious metal recovery vital – panel
1 December 2021
Recycling proton-exchange membrane electrolysers and fuel cells at the end of their lives will help address supply concerns
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video