The IEA recommends policy changes for low-carbon hydrogen cost reduction
Governments must act now on hydrogen – IEA
Gap remains between current funding commitments and what is needed to achieve 2050 net-zero emissions goals
Around 350 projects under development could raise global electrolyser capacity to 54GW by 2030, according to the IEA’s Global Hydrogen Report. Global hydrogen supply from electrolysers could reach more than 8mn t/yr by 2030 if all those projects are completed. Sixteen projects for producing hydrogen from fossil fuels with carbon capture, utilisation and storage are operational, with a hydrogen output of 0.7mn t/yr. Another 50 projects are under development and could add 9mn t/yr to hydrogen production by 2030, bringing combined green and blue production to 17mn t/yr by that date. However, this is still well below the 80mn t/yr required by 2030 under the IEA’s pathway to net-zero CO₂ emissi
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