This report explores the benefits of green hydrogen production in developing countries. The report challenges the prevailing narrative that green hydrogen is primarily a product for export from renewable-rich and industry-poor countries; rather, it underscores green hydrogen’s potential as a catalyst for sustainable development within developing countries that can contribute to economic growth, environmental sustainability and social progress. The report also gives its forecast of global share of electrolyzer by countries or regions and predicts that China’s share of the electrolyzer market will decrease to 25% by 2050.
