Global Scans · Hydrogen · Weekly Summary

• [New] Current geopolitical conditions are likely to accelerate investment decisions and renewable hydrogen production toward 2030. DNV
• [New] 35% of new hydrogen production and use will be in China over the coming decades. DNV
• [New] By 2030, low-emissions hydrogen production from announced projects could reach 49 Mtpa, up from 38 Mtpa the previous year, with steel, chemicals, and petrochemicals representing the primary offtakes. Persistence Market Research
• [New] Novel applications in heavy industry and long-distance transport account for less than 0.1% of hydrogen demand, yet are projected to contribute nearly 40% by 2030 under the Net Zero Emissions by 2050. Persistence Market Research
• [New] UK Hydrogen Strategy targets 10 GW electrolyzer capacity by 2030. FactMr
• [New] Announced new hydrogen pipeline projects could reach ~37,000-40,000 km by 2035, with the vast majority concentrated in Europe and China, but only a small share has reached FID or construction, leaving a large delivery gap between ambition and built reality. Precedence Research
• [New] Industrial decarbonization and green fuel investments drive hydrogen production applications to experience their fastest growth rate through 2035. Transpire Insight
• [New] As Proton Exchange Membrane electrolyzers move into mass deployment across Europe and China, hydrogen-related demand is projected to climb toward 11% of total annual consumption. Bingx Exchange
• [New] As technological improvements lower production costs and expand applications, hydrogen investment is expected to play a prominent role in the financial landscape of 2026 and beyond. Education
• [New] Clean hydrogen uptake is expected to be strongest in emerging demand sectors by 2060, led by steelmaking (18% of total clean hydrogen use), aviation and maritime. DNV
• [New] Overall hydrogen volumes will grow by 170% and will see cumulative investments of USD3.2trn to 2060. DNV
• [New] Clean hydrogen will grow 100-fold from today's levels. DNV
• Low-emissions hydrogen production includes historical values for 2020 and 2024 and an estimate of the potential production in 2030 from projects that have at least reached final investment decision (FID) and target operation before 2030. IEA
• We find that the net forcing change in 2050 from all emissions associated with hydrogen deployment is strongly negative, with the cooling contribution from decreasing CO2 emissions larger than all other effects. AGU Journals
• Because NOx emissions changes are growing over time from 2020 to 2050 as hydrogen deployment increases and because we report the average annual forcing changes in 2050, the nearer-term ozone effect dominates the longer-term methane effect. AGU Journals
• Examining non-CO2 emissions more closely, we find that hydrogen emissions increase across all scenarios (+2.1 to 6.2 Mt in 2050), with larger increases in the High cases compared to the Low cases as expected. AGU Journals
• The displacement of unabated fossil energy due to the imposed hydrogen deployment leads to reductions in global CO2 emissions in 2050 (relative to the No H2 case) that range between roughly 1,200 and 1,600 Mt CO2 per year. AGU Journals

Last updated: 24 May 2026