Author: By Leigh Collins (Hydrogen Insight)
Date Published: 11 May 2023
Photo Cred: Photo from World Hydrogen 2023

More than 1,000 clean hydrogen projects worth $320bn announced, but few have reached FID: report

More than 1,000 renewable and low-carbon hydrogen projects requiring $320m of investment by the end of 2030 have been announced globally, although less than 10% have reached final investment decision, according to a new report from the Hydrogen Council lobby group.

Of these projects, 112 are for gigawatt-scale production — 91 of which are green and 21 are “low-carbon” (a term that is not clearly defined here but usually used as a reference to blue H2) — and will need about $150bn of investment by 2030 says the Hydrogen Insights 2023 study, which was written in collaboration with consultant McKinsey.

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