McKinsey slashes long-term clean hydrogen demand predictions due to cost, regulation, and uncertainty that some sectors will need it | Hydrogen Insight

McKinsey Lowers Clean Hydrogen Demand Forecasts Amid Cost and Regulation Challenges

Key Points:
- McKinsey has revised its long-term clean hydrogen demand predictions due to high costs, regulatory hurdles, and uncertainty in key sectors.
- The report suggests that some industries may not adopt clean hydrogen as initially expected.
- Challenges in scaling up production and infrastructure are slowing the hydrogen economy's growth.
- Despite these concerns, clean hydrogen remains crucial for decarbonizing hard-to-abate sectors.