Western Europe has strong lead in global hydrogen projects
The region has a far higher market share than any other and is continuing to invest heavily in hydrogen capacity and infrastructure
Western Europe holds a nearly 50% market share of active hydrogen projects, more than double its closest competitor (Asia, with 20%, according to the GEI database). For decades, Western Europe has been the leader in establishing new directives and initiatives to promote cleaner transportation fuels and power generation. Over the past few years, the region has made significant strides to establish and expand the use of hydrogen within EU borders a result of the Paris Agreement to reduce greenhouse gas (GHG) emissions to limit global warming to 1.5–2°C this century. To combat GHG emissions in the EU, the region will continue to invest heavily in new hydrogen production capacity and infrastruc
Also in this section
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Inclusion of funding in government’s budget ends uncertainty over support for 11 electrolytic projects
25 October 2024
Investors in hydrogen, CCUS and other energy transition technologies face uncertainty over the outlook for government support after November’s presidential election