Green hydrogen projects to grow rapidly
Wood Mackenzie estimates the global hydrogen project pipeline is 64mn t/yr, with green hydrogen making up 60mn t/yr of that
Green hydrogen projects will continue to spread and eventually significantly outnumber blue hydrogen installations, Bridget van Dorsten, hydrogen research analyst with Wood Mackenzie, said at the consultancy’s Solar & Energy Storage Summit in San Diego, California. The EU’s RepowerEU plan, which aims for the EU to use 20mn t/yr of green hydrogen by 2030, will significantly accelerate deployment. Wood Mackenzie estimates that the global hydrogen project pipeline is currently at 64mn t/yr, with green hydrogen making up 60mn t/yr of that. More than 300GW of electrolyser installations are now planned, 30pc of which are in Europe. 1,000GW – Estimated global electrolyser capacity by 205
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges