The hydrogen gap: our latest Global Hydrogen Review, published today, clearly shows the need for more action on the demand side.
While governments are targeting 27-35 MT/yr of low-emission hydrogen production by 2030, the demand side is clearly lagging behind: government targets would generate only 14 MT/yr of demand by the end of this decade.
This highlights the need for a more holistic approach to hydrogen market development and a greater focus on demand creation.
Closing the hydrogen gap would be crucial to unleash the investment flows which are necessary to effectively start building-up a hydrogen economy.
Subsidy schemes and support mechanisms need to be tailored accordingly.
What is your view? How will hydrogen evolve in the coming years? How can we stimulate the demand side?
Source: Greg MOLNAR