In this article published in Global Hydrogen Review, CRA’s Drake Hernandez discusses expectations for growth in the demand for hydrogen as well as potential implications for the liquidity of the hydrogen market.
Looking at carbon emissions and progress towards a net-zero future, Drake’s article provides insights into how energy companies can look to hydrogen for opportunities in sustainability and market growth.
Drake also discusses new provisions and programs relating to hydrogen, including the Inflation Reduction Act which was signed in August 2022. On the topic of hydrogen tax credits, Drake says, “These federal efforts could drive significant change in the supply and demand balance for hydrogen that may accelerate market development, especially as hydrogen demand grows outside of traditional industrial sectors.”
