China is investing in hydrogen
Hydrogen project announcements accelerate – Hydrogen Council
Total investment in projects along the whole value chain amounts to an estimated $500bn before 2030
Globally, 131 large-scale hydrogen projects have been announced since February 2021, taking the total to 359 projects that will produce 10mn t/yr by 2030, according to the latest Hydrogen Insights Update from the Hydrogen Council, a global CEO-led initiative. The world’s hydrogen demand needs to hit 212 mn t/yr for the goals of the Paris Agreement to be achieved, according to separate modelling by the IEA. Total investment in projects along the whole value chain amounts to an estimated $500bn before 2030, the Hydrogen Council says. Around $150bn of these investments are considered mature—meaning the investment is in a planning stage, has passed FID, or is for a project already under construc
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
