Denmark and Germany Launch Europe’s First Hydrogen Superhighway

AI Summary

Denmark and Germany inaugurated Europe's first hydrogen superhighway aiming to boost hydrogen as a clean energy vector despite past challenges with cost and scaling. The project supports decarbonization ambitions across industries including steel, chemicals, shipping, and aviation.

For the past few years, hydrogen has suffered from a credibility problem. Not because the technology itself stopped making sense, but because expectations ran too far ahead of reality. Governments announced hydrogen strategies worth hundreds of billions of euros. Companies unveiled ambitious projects stretching from Portugal to Poland. Analysts forecast a future hydrogen economy that would decarbonize everything from steel and chemicals to shipping and aviation. Then came the inevitable correction. Costs remained higher than expected. Financing…