There are now enough electrolyzer projects in the global pipeline to drive the cost of green hydrogen down to competitive levels within five years, according to the Green Hydrogen Catapult, a coalition of industry leaders. Upping the group’s target to have 45 GW of capacity installed by 2027, economies of scale will completely decimate the need for the oil and gas industry’s participation in future hydrogen production, if it continues to pursue carbon capture-based approaches. Throughout COP26 in Glasgow, there has barely been a conversation about the energy transition without mention of hydrogen to tackle ‘hard-to-abate’ sectors. Within the blitz of announcements from the conference are a smattering of promises which are fast accelerating the rate at which demand for…