Researchers have stated that hydrogen is likely to be cost-competitive by 2035. But other technologies, such as battery storage, which have had a head start over hydrogen are more economical in the short term.

RUSHYDRO Reported: net profit RUB 51,547 mn – adjusted net profit (-27.1% y-o-y) net profit in 2019 – RUB 643 mn (-98.0% y-o-y) mostly as a result of impairment of property, plant & equipment.

RUSHYDRO Reported net profit – RUB 38,645 mn (+5%);

Power Industry 2020 Predictions and Trends: Hydrogen Fuel Cells to Become a Key Player in the Reliable Energy Backup and Storage Space

Hydrogen as a clean fuel is back with a new mission and better ways of producing it.

RusHydro Group announces 4Q and FY2019 operating results

"We are ready to move to the next phase of implementing Europe's first large-scale hydrogen plant," Nouryon's head of industrial chemicals, Knut Schwalenberg, said.

global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.

Hydrogen will be part of Turkey's short and long-term goals to ensure the security of energy supply, Dönmez said.

EIA projects that renewables will collectively increase to 49% of global electricity generation by 2050. Of the top three renewable sources, EIA expects solar’s share of generation to grow the fastest and hydroelectric’s share to grow the slowest.