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
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist