Global Scans · Hydrogen · Weekly Summary

• [New] BloombergNEF projects hydrogen could meet up to 22% of final energy demand by 2050. Canadian Mining & Energy
• [New] Fastest Growing Segment: Marine & Shipping is the fastest growing end-use segment, propelled by the IMO 2023 Strategy mandating 40% carbon intensity reduction by 2030 and net-zero by 2050, creating a structured, deadline-driven procurement pipeline for high-power marine hydrogen combustion engines. Persistence Market Research
• [New] Fastest-growing Region: Asia Pacific is expected to be the fastest-growing region, driven by expanding nuclear infrastructure and hydrogen initiatives, with countries such as China, Japan, and India accelerating adoption at a high growth pace. Persistence Market Research
• [New] XOM is constructing the world's largest low-carbon hydrogen and ammonia plant in Baytown, which is expected to position it as a frontrunner in clean energy initiatives. Yahoo Finance
• [New] Gas turbines from Siemens Energy, GE Vernova, and Mitsubishi Power can already operate on hydrogen-natural gas blends of 5-50%, with 100% hydrogen turbines expected by 2030. Canadian Mining & Energy
• [New] Rising Global Plans for Net-zero Emission by 2050: Green hydrogen is produced through the process of electrolysis using renewable energy sources. openpr
• [New] Hydrogen demand must reach 150 million tonnes per year by 2030 under net-zero scenarios, up from 97 Mt today. Canadian Mining & Energy
• [New] As green hydrogen costs fall - from current levels of roughly USD 4-8 per kilogram toward the target of USD 1-2 / kg by the mid-2030s - the economics of virtually every CCU pathway improve simultaneously. Green Fuel Journal
• [New] For the period leading to 2030, the U.S. hydrogen supply will be overwhelmingly driven by established SMR technology paired with carbon capture. EnkiAI - Find the right insight
• Targets include the phase-out of fossil-based hydrogen, 3.3 Mtpa of renewable hydrogen, and 3 hubs by 2050. IEA
• The hydrogen roadmap goes together with the national energy transition roadmap as one of the key levers to achieve carbon neutrality by 2050. IEA
• The European Union's Fit for 55 package mandates a 55% reduction in net greenhouse gas emissions by 2030 versus 1990 levels, with hydrogen playing a central role in decarbonizing transport, industry, and power generation. Persistence Market Research
• Johnson Matthey faces key risks from the rapid shift to battery electric vehicles that could erode revenue from its Clean Air catalysts, PGM price volatility affecting margins and working capital, and potential delays in hydrogen fuel-cell adoption for heavy transport. MatrixBCG
• The Pecem Green Hydrogen Hub in Ceara is attracting USD 18 billion from investors including Fortescue, backed by World Bank financing and EU partnership corridors targeting European hydrogen imports by the early 2030s. The Rio Times
• While hydrogen project ambition is high, with a significant pipeline length planned by 2035, much remains in feasibility, posing risks. GlobeNewswire
• Companies like PEMEX could evolve toward the production of clean hydrogen, using it in their processes and marketing it for industrial decarbonization. Mexico Business
• At a time when the African community is prioritizing energy security in the midst of the global energy transition, African green hydrogen projects will serve to meet dual goals of alleviating energy poverty while transitioning to sustainable energy sources. African Energy Chamber

Last updated: 03 May 2026