Oil price rebound unlikely to derail hydrogen investments, say experts during Energy Voice event

  • Date: 18-Jun-2021
  • Source: Energy Voice
  • Sector:Economy
  • Country:Gulf
  • Who else needs to know?

Oil price rebound unlikely to derail hydrogen investments, say experts during Energy Voice event

A rebound in the oil price is unlikely to derail future hydrogen investments, industry experts have predicted.

After historic lows last year, partly brought on by global lockdowns, brent crude has bounced back and has recently been sitting at more than $70 a barrel.

But, Doug Vaccari, director of global energy and power infrastructure at financial giant BlackRock, says that doesn't mean investors will automatically chase the money and abandon green energy.