Hydrogen Council CEO: industry hits $75b FID milestone but time to scale up to meet 2030 goals

In an exclusive studio interview at Gastech 2024, Chiranjib Sengupta spoke to Ivana Jemelkova, the CEO of Hydrogen Council, to discuss the fast-maturing hydrogen project pipeline as revealed in the Council’s latest Hydrogen Insights report. Ivana outlines why, despite a sevenfold growth in FID to $75 billion in committed capital and a 92% growth in new project investments in the last six months, the pace and scale of deployment need to accelerate dramatically to meet global climate goals. She touches on the factors that can help scale up the industry and accelerate the energy transition – including tackling macroeconomic headwinds, timely and efficient implementation of national hydrogen strategies and regulation, and matching the supply side with offtake to drive an uptick in project execution – and why the industry needs to “keep calm and keep deploying”.