This new market brief reports 128 operating electrolysis plants in Northwest Europe (BE, DE, DK, NO, NL, UK) with a combined 503 MWel capacity, plus 327 more projects in planning or construction. Yet momentum has slowed: 18 projects were cancelled since late 2024, often due to rising capital costs, tougher RED III power-source requirements, and difficulty securing long-term offtake contracts. […]
