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
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
11 March 2025
A reassessment of clean hydrogen’s growth trajectory is underway, but the energy vector’s long-term potential to decarbonise remains intact
10 March 2025
Collaboration has become crucial to success as projects turn out to be more complex and expensive than previously thought, industry figures tell Dubai conference
