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    Home > Chemicals Industry > International Chemical > Global investment in hydrogen energy projects is expected to reach $300 billion by 2030

    Global investment in hydrogen energy projects is expected to reach $300 billion by 2030

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    According to a report released by the International Hydrogen Council in cooperation with McKinsey & Company, global investment in hydrogen energy projects will reach $300 billion
    by 2030.

    More than 30 countries and regions have issued roadmaps for hydrogen development, and governments have committed public funding
    for hydrogen technology, the report said.

    Globally, 228 large-scale projects have been announced, 85% of which are located in Europe, Asia and Australia
    .
    These include large-scale industrial uses, transportation applications, an integrated hydrogen economy, infrastructure, and mass production projects
    .

    "If all announced projects come to fruition, the total investment will exceed $300 billion
    by 2030," the report said.
    At present, this $80 billion investment can be considered mature
    .

    Mature projects are those that are in the planning stage, have passed a Final Investment Decision (FID) or are under construction, have been put into production or are in operation
    .

    The report confirms that from a total cost of ownership (TCO) perspective, hydrogen could be the most competitive low-carbon solution in more than 20 applications by 2030, including long-haul, transportation and steel
    .

    Currently, there are three cluster types for the deployment of hydrogen energy projects that are becoming increasingly favored: industrial centers that support refining, power generation, fertilizer and steel production; export centers in resource-rich countries; and port area for fuel filling, port logistics and transportation
    .

    According to a report released by the International Hydrogen Council in cooperation with McKinsey & Company, global investment in hydrogen energy projects will reach $300 billion
    by 2030.

    Hydrogen

    More than 30 countries and regions have issued roadmaps for hydrogen development, and governments have committed public funding
    for hydrogen technology, the report said.

    Globally, 228 large-scale projects have been announced, 85% of which are located in Europe, Asia and Australia
    .
    These include large-scale industrial uses, transportation applications, an integrated hydrogen economy, infrastructure, and mass production projects
    .

    "If all announced projects come to fruition, the total investment will exceed $300 billion
    by 2030," the report said.
    At present, this $80 billion investment can be considered mature
    .

    Mature projects are those that are in the planning stage, have passed a Final Investment Decision (FID) or are under construction, have been put into production or are in operation
    .

    The report confirms that from a total cost of ownership (TCO) perspective, hydrogen could be the most competitive low-carbon solution in more than 20 applications by 2030, including long-haul, transportation and steel
    .

    Currently, there are three cluster types for the deployment of hydrogen energy projects that are becoming increasingly favored: industrial centers that support refining, power generation, fertilizer and steel production; export centers in resource-rich countries; and port area for fuel filling, port logistics and transportation
    .

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