Stimulating clean hydrogen demand: the current landscape

While worldwide clean hydrogen production targets reached 27-35 megatons (Mt) in 2023, demand targets have stalled at just 14 Mt.5 This trend reflects regional asymmetries in production and demand uptake. Under current projections, demand for renewable hydrogen in Europe is expected to hit 8.5Mt by 2030, far behind the region’s planned 20 Mt of supply.6 Similarly, although the passage of […]