Hydrogen and derivative services eBook
Critical US and Canadian industries such as maritime, cement and steel manufacturing, chemical refining, ammonia, and agriculture depend on access to affordable, reliable hydrogen. Japan, South Korea and other Asian countries are signaling they want to buy more hydrogen from North America.
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Blue hydrogen offers the most economically and technologically feasible option to scale low carbon hydrogen production in the US and Canada. What's holding the industry back is trust. Our analysis of the US and Canadian hydrogen industry shows that many proposed hydrogen projects—both blue and green—are not reaching a final investment decision. Reasons for this include the cost of production being too high and the difficulty in securing long-term off takers.