Centrica Business Solutions conducted a new survey of 300 senior executives, which suggests almost 24% of businesses are actively involved in developing capabilities or securing contracts for the utilisation of blue hydrogen.
Blue hydrogen is derived from non-renewable sources.
Furthermore, one in ten businesses are laying the groundwork for the adoption of green hydrogen, which relies on renewable energy sources.
Despite these intentions and initial steps, a mere 2% of businesses have already invested in hydrogen technology.
The primary stumbling block identified by 56% of respondents is the perceived immaturity of the technology.
Justin Jacober, Director UK&I at Centrica Business Solutions, said: “It’s clear that there is still a long way to go before hydrogen can challenge traditional energy sources.
“Our partnership with 2G Energy AG for hydrogen-ready combined heat and power units is proof that the technology is ready, and it’s only a matter of time before the hydrogen delivery infrastructure catches up.
“There is clearly an appetite among businesses to adopt a hydrogen pathway as it eliminates stranded asset concerns.”