The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. As scale-up of production, distribution and equipment manufacturing continues, cost is projected to decrease by up to 50% by 2030 for a wide range of applications, making hydrogen financially competitive with other low-carbon alternatives and, in some cases, even conventional options. Significant cost reductions are expected across different hydrogen applications. For more than 20 of them, such as long-distance and heavy-duty transportation, industrial heating, and heavy industry feedstock, which together comprise roughly 15% of global energy consumption, the hydrogen route appears the decarbonization option of choice—a material opportunity. The report attributes this trajectory to scale-up that positively impacts the three main cost drivers: Strong fall in the cost of producing low carbon and renewable hydrogen; […]