Key facts:
Clean hydrogen is regarded worldwide as the solution to decarbonizing some of the most hard-to-abate sectors. For this reason, hydrogen has been given a significant role in national and regional strategies to limit climate change. Despite these ambitions, globally the market remains in its very early stages and progress has been – with a few exceptions – quite slow.
In this report, we offer a detailed analysis of the hydrogen market in seven regions by assessing the progress made to date on clean hydrogen projects, and what needs to happen to increase the pace of development.