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A GLOBAL

OUTLOOK

The IEA’s Global Hydrogen Review puts into perspective of progress. Global capacity of
the work taking place around the world to put hydrogen at electrolysers, which are needed to
produce hydrogen from electricity,
the forefront of the net zero agenda. Here we bring you a doubled over the last five years to reach
summary of the key findings just over 300MW by mid-2021.
Around 350 projects currently
AFTER SEVERAL FALSE STARTS, net zero emissions. In the IEA’s Net under development could bring global
A NEW BEGINNING AROUND THE CORNER Zero by 2050: A Roadmap for the Global capacity up to 54GW by 2030.
The time is ripe to tap into hydrogen’s Energy Sector, hydrogen use extends to Another 40 projects accounting for
potential contribution to a sustainable several parts of the energy sector and more than 35GW of capacity are in early
energy system. grows sixfold from today’s levels to stages of development.
In 2019, at the time of the release of meet 10 per cent of total final energy If all those projects are realised,
the IEA’s landmark report The Future of consumption by 2050. global hydrogen supply from
Hydrogen for the G20, only France, Japan This is all supplied from low carbon electrolysers could reach more than
and Korea had strategies for the use of sources. 8Mt by 2030. While significant, this is
hydrogen. still well below the 80Mt required by
Today, 17 governments have released HYDROGEN SUPPLIES ARE BECOMING CLEANER… that year in the pathway to net zero CO₂
hydrogen strategies, more than 20 TOO SLOWLY emissions by 2050 set out in the IEA
governments have publicly announced Hydrogen demand stood at 90Mt in 2020, Roadmap for the Global Energy Sector.
they are working to develop strategies, practically all for refining and industrial Europe is leading electrolyser
and numerous companies are seeking to applications and produced almost capacity deployment, with 40 per cent
tap into hydrogen business opportunities. exclusively from fossil fuels, resulting in of global installed capacity, and is set
Such efforts are timely: hydrogen will close to 900Mt of CO₂ emissions. to remain the largest market in the
be needed for an energy system with But there are encouraging signs near term on the back of the ambitious

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