The hydrogen industry is at a turning point, as regulatory frameworks and incentive schemes begin to take shape. However, there are still barriers for market participants to commit to production projects and infrastructure, as they face the chicken-and-the-egg dilemma. The King Abdullah Petroleum Studies and Research Center (KAPSARC) recently held a workshop with more than 40 experts to discuss recent developments and whether the existing incentives and guidance around carbon accounting are sufficient for creating a business model to propel this industry forward.
