Low-Carbon Hydrogen Faces Headwinds Amid Project Halts and Cancellations - Hydrogen Central

Low-carbon hydrogen faces headwinds amid project halts and cancellations - Hydrogen Central

Low-carbon hydrogen faces headwinds amid project halts and cancellations Most US biofuel production numbers are clearly on track to end the first quarter of this year in negative territory either on a quarter-over-quarter or year-over-year basis, Rystad Energy analysis suggests. The US Environmental Protection Agency (EPA) published the updated statistics for the Renewable Fuel Standard (RFS) program on 20 March covering the supply, trade and pr…

H2-View News: Strategy pivots are main cause of low-carbon hydrogen cancellations

It found strategic changes accounted for 24% of cancelled projects, representing around 6 million tonnes per annum of hydrogen capacity, as firms return to core businesses and scale down more risky hydrogen investments. For example, BP and Australia’s Origin Energy have suspended or cancelled multiple projects, citing the need to cut costs and prioritise core