Invasion of Ukraine an inadvertent boost for green hydrogen

Rystad Energy has joined BloombergNEF with a significant forecast for gray and blue hydrogen off the back of Russia's invasion of Ukraine. According to the analysts, the impact of the war has sent prices of fossil fuel-tied forms of hydrogen production surging, leaving the gradual but consistent downward price trend of green hydrogen now looking remarkably competitive.Russia's invasion of Ukraine is having widespread geopolitical and economic impacts, not the least of which can be seen in the price spike of gas-powered grey hydrogen and ammonia compared to green versions of the fuels. Earlier ...

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