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Energy crisis revives interest in hydrogen to replace fossil fuels

The outlet says green hydrogen remains far too expensive to scale commercially, leaving gray and blue hydrogen constrained by reliance on fossil fuels.

Oil prices amid a renewed energy crisis have helped revive international interest in hydrogen as a potential substitute for fossil fuels across industrial uses, ranging from steelmaking to shipping, according to OilPrice.

The report says green hydrogen is still massively expensive to produce, which has limited its ability to reach commercial scale.

It adds that gray and blue hydrogen depend on the same fossil fuels that many markets are trying to move away from, keeping the transition challenge tied to conventional fuel supply and costs.

The story frames the renewed hydrogen attention as linked to the broader pressure created by the ongoing global energy situation.

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