A new report released by Aurora Energy Research has projected that the global electrolyser capacity will grow by 1,000-fold by 2040 should all expected projects go ahead.
This will see the capacity grow to over 200GW in hydrogen electrolyser projects around the world, many of which will be situated in Europe.
In addition to this, Germany has been identified as one of the most attractive markets for low carbon hydrogen investment in Europe with 23% of planned electrolyser capacity globally by 2040.
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