With nations racing to decarbonise their energy systems, the role of hydrogen and derivatives in cleaner power generation has long been highlighted as a key element in bridging between periods of high and low renewable energy generation.
At the end of 2023, global installed power capacity using hydrogen and ammonia reached around 330MW, according to the International Energy Agency’s (IEA) Global Hydrogen Review 2024.
The Asia-Pacific (APAC) region accounted for more than 50% of the capacity, followed by North America with around 30% and Europe with 15%.
However, this picture is set to shift. By 2030, the IEA estimates, if all 32 announced hydrogen power generation projects are realised, capacity could total 7.1GW – or 5.2GW if projects at “very early stages” are excluded.
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