The hydrogen sector is experiencing significant project cancellations, with 12 million tons per year of capacity delayed or paused in 2025. Major projects like BP's H2Teesside and World Energy GH2 have been shelved due to a lack of binding offtake agreements and overambitious project sizing. The article emphasizes the need for better execution discipline and risk mitigation strategies to bridge the gap between technological ambition and financial viability.
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