IEA: 'The relative lack of demand for green hydrogen makes sector's progress uncertain'

The fact that H2 produced from fossil fuels is generally cheaper than renewable hydrogen — and that few buyers have been lined up to purchase the greener fuel — present financing challenges for gigawatt-scale projects, agency says

Fatih Birol, executive director of the International Energy Agency, speaking at COP26 in Glasgow in November.
Fatih Birol, executive director of the International Energy Agency, speaking at COP26 in Glasgow in November.AFP/Getty
IEA
Published 6 December 2021, 15:38Updated 6 December 2021, 15:49