{"id":8984,"date":"2023-05-16T10:50:56","date_gmt":"2023-05-16T08:50:56","guid":{"rendered":"https:\/\/hydrogencouncil.com\/?p=8984"},"modified":"2024-02-29T15:05:49","modified_gmt":"2024-02-29T14:05:49","slug":"daryl-wilson-on-project-backlogs-policy-complexities-and-chinas-advantage","status":"publish","type":"post","link":"https:\/\/hydrogencouncil.com\/en\/daryl-wilson-on-project-backlogs-policy-complexities-and-chinas-advantage\/","title":{"rendered":"Daryl Wilson on project backlogs, policy complexities and China\u2019s advantage"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8984\" class=\"elementor elementor-8984\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-31866809 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"31866809\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5e027313\" data-id=\"5e027313\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19dc065b elementor-widget elementor-widget-text-editor\" data-id=\"19dc065b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p><strong>This interview by Charlie Currie was first published in H2 View.<\/strong><\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>Last Thursday (May 11) saw the unveiling of the Hydrogen Council\u2019s <em>Hydrogen Insights 2023<\/em> report, which found that projects reaching FID had grown by 30% between May 2022 and January 2023, totally $29bn.<\/p>\n<p>Speaking to H2 View at the World Hydrogen Summit in Rotterdam, Wilson described the growth as \u201cvery gratifying.\u201d Reflecting, he said, \u201cIt used to take 10 years to get to a single billion of projects, but now we\u2019re talking about $29bn all ready to go in the next few years.\u201d<\/p>\n<p>\u201cIt\u2019s exciting to see that project funnel maturity, which I think is a key point,\u201d he said. \u201cBut there are headwinds now. Namely, inflation, but also there\u2019s a much harder pull on supply chains which need to respond to all of this demand.\u201d<\/p>\n<p>Wilson noted that the hydrogen industry had seen monumental gains in the era of the Covid-19 pandemic and of course Russia\u2019s invasion of Ukraine. However now, with economic uncertainty seemingly ahead, he said, \u201cI think there\u2019s some real challenges showing that it\u2019ll be a real fight to work through a lot of this.\u201d<\/p>\n<p>Despite the clear increase in projects crossing the FID threshold, the Hydrogen Council\u2019s report noted that those projects made up just 9% of the 1,040 tracked in the report.<\/p>\n<p>When asked how the industry could navigate the headwinds and continue to increase the number of projects reaching FID, the Hydrogen Council Executive Director told H2 View, \u201cI think the EU has a very important responsibility.\u201d<\/p>\n<p>\u201cIt\u2019s the largest single portfolio of projects that has been five years in the making,\u201d he said. \u201cI commented on the FID issue a year ago and we\u2019re still not moving many projects past the pole in Europe, even now.\u201d<\/p>\n<p>Wilson doesn\u2019t believe that result is for lack of trying, \u201cThere\u2019s a lot of enthusiasm,\u201d he added.<\/p>\n<p>Read the article in full <a href=\"https:\/\/www.h2-view.com\/story\/exclusive-daryl-wilson-on-project-backlogs-policy-complexities-and-chinas-advantage\/\">here<\/a>.<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 3\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The EU has a \u201cvery important responsibility\u201d in increasing the amount of projects reaching final investment decision (FID), Daryl Wilson, Executive Director of the Hydrogen Council, told H2 View.<\/p>\n","protected":false},"author":5,"featured_media":8989,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,140,76],"tags":[164],"class_list":["post-8984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-format-newsroom","category-in-the-news","category-newsroom","tag-in-the-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Daryl Wilson on project backlogs, policy complexities and China\u2019s advantage | Hydrogen Council<\/title>\n<meta name=\"description\" content=\"The EU has a \u201cvery important responsibility\u201d in increasing the amount of projects reaching final investment decision (FID), Daryl Wilson, Executive Director of the 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