On when we might see a US hydrogen strategy, Kraus said, “The federal structure in the US makes it unique when compared to other markets, globally. Support for a national hydrogen strategy in the US will look different than it does in Europe and Asia. Think of where the US renewable industries were 20 years ago – with a concerted policy of tax credits and incentives at state and federal levels, wind and solar were able to gain a foothold and really blossom into the sizable and growing industries they are today.
“The path forward for hydrogen will be similar, though it will be able to deliver on some of its benefits in a much shorter time horizon. Marshalling the resources of the US government to bring together experts across agencies to create a national hydrogen strategy could also deliver on this promise sooner by showing commitment to a hydrogen economy for business and investors.”