Hydrogen Market Databook 2025: North America
Both the US and Canada have ambitious plans for their hydrogen sectors
The US Department of Energy (DOE) released the US National Clean Hydrogen Strategy and Roadmap in mid-2023. The initiative builds on the Bipartisan Infrastructure Law passed in November 2021, which allocated more than $60b for the US DOE, including $9.5b to develop a national green hydrogen ecosystem. Approximately nine months later, Congress passed the Inflation Reduction Act (IRA), which provided additional incentives and policies to boost domestic hydrogen production, including new tax credits for hydrogen producers. The US hydrogen roadmap aims to produce 10mt/yr of clean hydrogen by 2030, 20mt/yr by 2040 and up to 50mt/yr by 2050 (see Fig.1). To meet these ambitious goals, the report de

Also in this section
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels