Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
Related Articles
Letter from London: Hydrogen’s souffle moment
One of the sector’s harshest critics calls for a change of course, but the industry insists it is on an upward trajectory
Oman sees green opportunities amid global trade war
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
Letter on hydrogen: Cracking the ammonia code
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
Green hydrogen growing, but barriers remain
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
UAE eyes overseas projects as it ramps up clean hydrogen production
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
Scotland targets green hydrogen exports to Germany
Plans include a £2.7b export pipeline, but country faces stiff competition from other European suppliers
Plug breaks ranks to offer spot deals
US green hydrogen producer Plug Power says its new spot price programme allows buyers to purchase on-demand and without the limitations of long-term agreements
Hydrogen Market Databook 2025: Western Europe, part 2
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
Hydrogen Market Databook 2025: Asia
China and India are leading the region in terms of electrolyser development, while Australia accounts for nearly half of Asia’s active hydrogen projects
Hydrogen Market Databook 2025: Africa
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
Greater policy certainty is needed to stimulate demand
Markets UK
Stuart Penson
15 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Global hydrogen market faces oversupply risk

Immediate action needed to create both industrial and retail demand, according to the EIC

The hydrogen market risks a “massive” drop in prices and long-term supply chain disruptions unless immediate action is taken to create demand at industrial and retail levels, UK-based trade association the Energy Industries Council (EIC) warns. The UK has a hydrogen supply-side pipeline of more than 50 projects potentially worth over $13bn, but more progress is needed on the demand side both domestically and globally, the EIC says. “The industry needs supply-demand equilibrium to thrive and contribute to national and global environmental commitments,” EIC CEO Stuart Broadley says. “Our research and industry conversations show that the global supply of hydrogen could exceed demand. If this tr

Also in this section
Stellantis halts hydrogen vehicle programme
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
BP tests German market for green hydrogen
16 July 2025
Oil and gas major calls for expression of interest in product from Lingen project ahead of startup in 2027
Topsoe ‘slows’ $400m US project amid market uncertainty
14 July 2025
Danish electrolyser manufacturer decelerates pre-FID work on planned Virginia plant despite renewed clarity over 45V tax credit
US confirms early sunset for hydrogen tax credits
4 July 2025
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search