Green hydrogen goes from hyped to humbled on eye-popping costs


Hydrogen storage tanks at a green hydrogen plant in Puertollano, Spain.Photographer: Angel Garcia/Bloomberg

A raft of projects to produce green hydrogen, a fuel billed as critical to reaching net-zero, have been abandoned this year as expectations for tumbling costs failed to materialise.

Governments and major energy companies have touted the gas as a way to clean up a swath of industries.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Insight

Will Trump’s Fed pick slash rates? The market doesn’t think so
India’s aviation crisis is too big to be tamed
Planters: Then and now
Trump wants Americans to buy tiny cars. Good luck with that
China, five years on
Decent 3Q25, but a challenging 2026 awaits
Beijing or Global South consensus?
Sharing resources� �Malaysia’s next reform test
Future of digital is green
High cost of retirement

Others Also Read