China’s demand is rising
China seen as biggest hydrogen importer in 2030
Import needs overtake Europe as its domestic production buildout lags rising demand, Deloitte modelling shows
China is set to become the largest importer of clean hydrogen in 2030, despite its efforts to expand domestic production, as competition for supplies intensifies during the global market’s ramp-up phase, according to scenarios modelled by consultancy Deloitte. China’s imports rise to 13mn t of hydrogen equivalent in 2030, putting it ahead of Europe on 10mn t, Deloitte says in its 2023 green hydrogen outlook. “While China does not face the same land availability limitations as Japan and Korea or even Europe, its strong ramp-up of clean hydrogen demand by 2030 outstrips its domestic production capacity, making China the biggest importer in 2030,” it says. $9.4tn – Required global investm
Also in this section
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
