Engie urges caution on pace of hydrogen deployment
Applications in hard-to-abate industries will take longer than previously expected to develop, warns CEO
French energy company Engie has downplayed expectations for the rapid deployment of low-carbon hydrogen in hard-to-abate sectors such as steel production because of the “massive” investment needed to overhaul industrial processes to enable the switch. Switching to low-carbon hydrogen in existing applications, such as fertiliser production, can deliver decarbonisation “fairly easily” as long as the economics work, but new applications will take much longer to develop, Engie CEO Catherine MacGregor told the International Energy Week conference in London. “We had this big buzz around hydrogen when we thought that everything was happening at the same time,” she said. “Obviously things are takin

Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment