The future of hydrogen in Norway: An overview of key factors affecting the development of the Hydrogen industry

Abstract

Our thesis seeks to identify the future of hydrogen in Norway and to give an overview of the key factors that affect Hydrogen Industry development. We investigated what the drivers and barriers are towards the Hydrogen Industry, and assessed whether Norway has a competitive advantage over other countries to establish in the Hydrogen Industry. Our thesis contains a theoretical framework including Diffusion of Innovation theory and a PESTLE analysis. Chapter 3 describes our methodology, chapter 4 presents our qualitative findings. Chapter 5 contains a discussion of our results, where we draw attention to factors, we think might be crucial for the success of Hydrogen in Norway, and link it to our theoretical framework. This thesis presents qualitative primary data results from different perspectives, such as financial institutions, political municipalities and companies operating within Hydrogen in Norway. We focus on the role Hydrogen could take in the future for Norway by exploring the factors that will likely influence the future of the Hydrogen Industry in great extent. Lastly, we outline the limitations of our thesis to conclude and provide recommendations for future research.