5min chapter

The Interchange: Recharged cover image

Hydrogen Powering Our Future: Would You Bet On It?

The Interchange: Recharged

CHAPTER

What Policy Can Influence on Hydrogen Development?

The US policy is really supply focused. And that's great, but there's still a total cost of ownership and a conversion cost. So we need to think about how do we incentivize the switch on the demand side? The regulators will figure out a way to streamline and de-risk development because we've seen all the policy support being thrown on the supply side. But if you cannot get an off-taker to commit to take a significant share of your supply, you will not get funding from a bank. We don't want to cut corners around safety in any way, shape, or form - even the planning groups are part of this rush to change what we are today as quickly

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