Repsol has hit the brakes on its ambitious 200MW green hydrogen project in Puertollano, Spain, pulling the plug due to a mix of economic and technical hurdles. While the project passed the environmental test, the company says it just doesn’t add up financially or practically.
The decision, however, throws a spotlight on the bigger picture: scaling up hydrogen production in Europe is proving trickier than expected. Between sky-high upfront costs, immature tech, murky policy frameworks, and a shaky market, the road to a sustainable energy economy is anything but smooth.
Source: Hydrogen Fuel News: Read The Article
PSR Analysis. Across Europe, Hydrogen projects are being delayed or cancelled. This itself is not news as many hydrogen buses have been replaced with electric ones, once the government support has ended. What is of interest here is that it is clear that hydrogen’s future is questionable without governmental support. The support is needed financially and to help with regulations, lower the economic barriers, and rethink how these innovations are brought to market. PSR
Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
