BCC Research Report: Dive into green hydrogen market demand estimates are made for 2024 and projected over five years, with 2023 as the base year.
“However, despite the growing focus on green hydrogen in the past few years, challenges of cost, infrastructure and demand are preventing it from making significant contributions to China's energy transition. As a result, green hydrogen currently makes up a tiny fraction of the country’s hydrog...
Global installed electrolytic hydrogen capacity has passed 1 GW in 2023, with 400 MW added this year, industry group the Hydrogen Council said in a report published on Dec. 12. The number of projects under development grew by around 35% to over 1,400, the group said in its Hydrogen ...
Until 2030, clean hydrogen uptake is projected to be driven by existing applications switching from grey to blue and green hydrogen, but between 2030 and 2040 the uptake of hydrogen in new applications without existing demand is expected to drive the increase in clean hydrogen demand. After 2040...
Hydrogen producers and users of technologies like electrolysers and CCUS require information to understand how demand for hydrogen changes if the process of producing it has a larger carbon footprint. This service provides crucial data for validating production costs vs peers or alternative production ...
More hydrogen news updates Fuelling the future: unlocking low-cost green hydrogen Monday 30 December 2024 12:00 Greg Rankin explains how current methods used to process hydrogen into a usable fuel are cost-prohibitive, but several new innovations are promising to open the door to cost-competitive...
However, most of these tracked projects have not reached a final investment decision or started construction. The Norwegian firm cautions in its 2050 forecast that lead times for green hydrogen projects with more than 1GW of electrolysis capacity can range from six to ten years, meaning “only ...
The two-day event was co-organized by the Green Hydrogen Organisation (GH2), a Swiss non-profit foundation, and the Spanish government, aiming to promote green hydrogen as a clean alternative to fossil fuels. "China is playing a leading role: the vast majority of the world's electrolysers...
And even if green hydrogen production massively ramps up by mid-century as it expands beyond sectors that currently use it, RMI projects that this will still have a minimal impact on water consumption. “Globally, estimates for future hydrogen demand vary widely, but using the Hydrogen Council’...
But countries face more than just the engineering challenge of producing emissions-free hydrogen. They also have to develop the demand for the fuel and the infrastructure to transport it. The world's richest countries have announced various strategies—producing "green hydrogen" using electricity from...