Industry - Hydrogen

In February 2026, the Federal Court of Australia in Australasian Centre for Corporate Responsibility (ACCR) v Santos, dismissed multiple claims against Santos Limited, a major Australian energy company, concerning the veracity of its carbon management projections.

The European Union has developed one of the most structured and comprehensive frameworks for supporting hydrogen investments. The Important Projects of Common European Interest (IPCEI) mechanism allows EU member states to provide state aid to key hydrogen projects.

TINA is not just a name: it is a slogan and an investment strategy. There Is No Alternative (TINA) is a guide when the options before us look unappetising but necessary. And the same applies to energy technologies, particularly the unloved quartet of nuclear power, carbon capture and storage (CCS), carbon dioxide removal, and hydrogen.

Since 2020, the global hydrogen project pipeline has grown sevenfold, a reflection of the increasing recognition of hydrogen as a critical component in the clean energy transition. According to the latest report from the Hydrogen Council, the number of hydrogen projects has risen from 228 in 2020 to 1,572 in 2024, with investments rising from $90 billion to $680 billion during the same period.