Green hydrogen’s value lies in decarbonising difficult-to-abate sectors, such as heavy vehicle mobility and industrial processes, and heavy vehicle transport is seen as a lead market, owing to the relatively high price of diesel and the carbon limits that are being imposed in various jurisdictions, says economics and finance consultancy Rebel Group senior consultant Laurens Cloete. “The US National Renewable Energy Laboratory estimates that zero-emission vehicles can reach total-cost-of-driving parity with conventional diesel vehicles by 2035 for all medium- and heavy-duty vehicle classes, even without incentives.
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