Author: By James Osborne
Date Published: 17 October 2022
Photo Cred: Isabelle Kitowski, ALLEX engineer, left, talks to Andrew Garrett, Vice President hydrogen syngas, at the Air Liquide hydrogen plant Wednesday, April 13, 2022 in La Porte. (Brett Coomer, Houston Chronicle / Staff photographer)

WASHINGTON — In a hotel ballroom here, executives from clean hydrogen firms traded business cards and gossip about which big oil company would next announce plans for a hydrogen project, eager to seize their piece of what some believe could be a $1 trillion market decades from now.

ConocoPhillips is working with the Japanese utility JERA for a clean hydrogen plant on the Gulf Coast. BP is working with the British industrial firm Linde to capture carbon emissions from their hydrogen plants in Texas.

And while enthusiasm abounds, the reality was few clean hydrogen projects have been finalized, raising questions of how committed large energy and industrial companies actually are to the technology.

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