Letter on hydrogen: Five factors to watch in 2025
From politics to power and pipelines, the year ahead looks challenging for the emerging clean hydrogen sector
The hydrogen industry will look back on 2024 as a disappointing year in terms of its growth, with production projects and pipelines delayed or cancelled. However, the number of projects achieving FID is rising, and 2025 is expected to see the industry regain momentum in some, if not all, regions. Here, Hydrogen Economist highlights some of the factors likely to shape the industry in 2025. US market The development of green and low-carbon hydrogen in the US stands at a crossroads as the industry awaits the incoming Trump administration. Blue hydrogen, which already has greater traction in the US market than green, looks better placed to continue to grow under the next administration ing 2025.
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
