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IEA Slashes Clean Hydrogen Production Forecast
Rising costs and uncertain regulatory and demand picture have made low-emission hydrogen projects more challenging and clean hydrogen production by 2030 could be a quarter lower than expected at this time last year, the International Energy Agency (IEA) said on Friday. The low-emission hydrogen uptake is not yet meeting expectations set by industry and governments in recent years, the agency said in its annual Global Hydrogen Review published today. High costs, demand and regulatory uncertainty, and slow infrastructure development continue…