https://www.ft.com/content/d6a85e26-9409-427c-9a95-ad733a83f7c4
"Government efforts — whether carrots or sticks — are crucial to supporting the hydrogen market. While natural gas prices have plummeted in the past two years hydrogen, by contrast, is “simply too expensive to produce and transport”, consultancy Wood Mackenzie said this month.For now, green hydrogen development needs to happen on a smaller scale to build momentum that can convince investors to consider funding bigger projects, Garabedian said."
Smaller, profitable projects like Minbos's.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-56
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