IEA Executive Director Fatih Birol
Governments must ‘synchronise’ supply and demand goals – IEA
Imbalances between supply and demand ambitions risk derailing production growth, IEA warns
The IEA has urged governments to address a growing imbalance between projected supply and demand in the hydrogen market that threatens to hamper the growth of production and the industry’s supply chains. Globally, government targets for low-emission hydrogen production call for 27–35mt/yr by 2030, but targets for creating demand account for just 14mt/yr, only half of which is focused on existing hydrogen uses, the IEA said in its Global Hydrogen Review 2023. That imbalance could hamper the progression of announced production projects to FID and impede the development of supply chains, the IEA said. “To rectify this situation, governments must clarify their ambitions with regards to demand,”
Also in this section
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
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
