Focus: Green hydrogen retreat poses threat to emissions targets

Challenges in Green Hydrogen Development: Many green hydrogen projects are being canceled or delayed due to high costs and insufficient demand, leading to a longer reliance on fossil fuels than anticipated. The gap between ambitious targets and current realities has prompted significant cuts in investment across Europe and beyond.

Economic Viability Concerns: The production of green hydrogen remains significantly more expensive than fossil fuel alternatives, with companies struggling to find buyers for their output. As a result, several countries have scaled back their hydrogen ambitions, shifting focus to other energy sources like biomethane and nuclear power.