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Jack_Bolander

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Jack_Bolander

Re: igotthemojo post# 56058

Thursday, 04/04/2024 2:16:15 PM

Thursday, April 04, 2024 2:16:15 PM

Post# of 56878
IGTM - Great observation ; and supported by industry data :

"Interesting quote from the Hydrogen Council, referenced by ReutersEvents in their Notice of the upcoming " Hydrogen Investment - Strategies for Success":

"While the Clean Hydrogen Project Pipeline has grown to $570 Billion, just 7 % of Hydrogen Projects have secured Final Investment Decision."

Actually 7% is pretty low.

The historical industry average for funding and completion of major capital projects in the energy sector is closer to 10%.

Another troubling sign : Project Delays in Australia, The EU and North America

Is the hydrogen Novelty beginning to fade ?
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