The IPP eRex has announced that it will build Japan’s first commercial hydrogen power plant in 2022 to produce around 360 kW.
Governments’ decarbonisation policies and long-term emissions targets are strengthening the case for low-carbon hydrogen – yet the cost of renewables-based production will need to fall significantly before it can become a viable alternative. Massimo Schiavo, Director, EMEA Utilities at S&P Global Ratings, explains.