BNEF Summit highlights sluggish trading of low-carbon hydrogen, derivatives

Analysts at the recent BNEF Summit in Munich discussed delays for hydrogen adoption in European countries, noting that locations are crucial for predicting which hydrogen production plans will proceed. Projects in areas with high amounts of renewables have an advantage. Low demand is the main reason for slow hydrogen development, affecting the ability of European countries to meet their non-binding 2030 hydrogen targets, said analysts at the recent BNEF Summit. "The volumes for green hydrogen is very small today," said Kajsa Ryttberg-Wallgren, executive vice-president of H2 Green Steel, adding ...

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