Clean hydrogen as the key enabler for hard-to-abate sectors
Steam methane reforming - today's dominant but highly carbon-intensive production
Steam reforming with carbon capture - low-carbon transition technology
Water electrolysis using 100% renewable electricity - carbon-free solution
Clean hydrogen market will grow from $640B in 2030 to $1.41T in 2050
170 million tons of clean hydrogen capacity needed globally
Nearly 600 million tons capacity, with green hydrogen at 85% of supply
Up to 85 gigatons of CO₂ equivalent abated cumulatively by 2050
Steel production, ammonia, methanol, refining, chemicals, and cement
Heavy-duty road freight, international shipping, and sustainable aviation fuels
Energy storage for renewable intermittency and heating alternatives
Geographic clusters accelerating hydrogen deployment through collaboration
Local production meeting clustered industrial demand with minimal transportation
Regions like Middle East with production exceeding local demand for export
Import-dependent regions like Japan and South Korea with structural supply shortages
Consolidated voluntary and regulated demand through green value propositions
Hydrogen Emission Intensity Index (HEII) and synchronized regulations
R&D for maturation and scaling up of supply chains
Asset reuse maximization and infrastructure development
New business models and talent acquisition across sectors
IPCEI funding, H2Global mechanism, European Hydrogen Bank, RED III mandates, and EU-ETS carbon pricing
Inflation Reduction Act with up to $3/kg tax credit for clean hydrogen production
~$1B in subsidies for production, supply chain development, and regional hubs