About this episode
The episode discusses the evolving role of hydrogen in the energy transition, focusing on economic viability and industry applications.
Hydrogen’s place in the energy transition is changing. After years of hype around its role in reaching net zero, many projects have been delayed or canceled as costs remain high, policy support weakens and demand proves slow to materialize. Yet hydrogen is far from disappearing. Industries already consume vast amounts of the molecule today, and sectors such as fertilizers, refining and potentially steelmaking still have few viable alternatives for deep decarbonization. At the same time, countries like China and India continue to push ahead with deployment and industrial policy support. So after the hype cycle, where does hydrogen actually make economic sense in the energy transition? On today’s show, Tom Rowlands-Rees is joined by Martin Tengler, BloombergNEF’s head of hydrogen research, to discuss some of his department’s recent work, including “No, Iran War Won’t Boost Clean Hydrogen – Except in China” and “Hydrogen Supplier Market Shares 2026: US Blue in the Lead.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on…
People in this episode
Host: Tom Rowlands-Rees
Guest: Martin Tengler
Topics covered
- hydrogen economy
- energy transition
- decarbonization
- industrial policy
- clean energy
- market trends
Keywords
- hydrogen
- energy transition
- decarbonization
- BloombergNEF
- China
- India
- market trends
- clean energy
- industrial policy
Mentioned in this episode
Organizations: BloombergNEF, BNEF, Iran, China, India
Books & works: No, Iran War Won’t Boost Clean Hydrogen – Except in China, Hydrogen Supplier Market Shares 2026: US Blue in the Lead, Hydrogen Lifted by AccelerateEU, But Expect No Miracles, Clean Hydrogen Production Assets Update
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