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As with other low-carbon systems, there are costs associated with the development of infrastructure and...
Conclusion
As with other low-carbon systems, there are costs associated with the development of infrastructure and the uptake of hydrogen use within every use case. The relatively higher prospective cost of low-carbon hydrogen will increase overall costs of, for example, manufacturing, transportation, or heating. There is a risk that because of these costs and impacts on end user prices, the companies and other entities forming these new hydrogen-based, low-carbon, value chains risk failure from non- competitiveness. (Paragraph 197) The role of hydrogen in achieving Net Zero 77
Government Response
A response document is linked to this report, dated 30 March 2023. Response attribution to this conclusion has not been verified. Read the response document.
Source
Report
Fourth report - The role of hydrogen in achieving Net Zero
19 Dec 2022
HC 99
Addressee Bodies
Department for Science, Innovation and Technology
Timeline
Recommendation age
3.7 yrs
Report published
19 Dec 2022