The future of hydrogen as a fuel for transport and heating raises several key questions for the industry. One major concern is whether hydrogen producers should focus only on sectors where electrification is not feasible. With an increasing number of electrolyser makers competing for a limited number of projects, there is speculation about the sustainability of the market. Additionally, companies may need to reconsider their business models, moving away from dependency on subsidies and the assumption that large investments in clean hydrogen are imminent. The financial community’s outlook on the sector is also under scrutiny, as there is growing hesitation to invest. As the industry searches for a clear path to profitability, another pressing issue is whether cheaper blue hydrogen will eventually dominate, potentially pushing green hydrogen out of the market.

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