Global hydrogen project pipeline will see strong growth in the next ten years as investments in the sector are predicted to reach $300 billion (£215bn) in total.

That’s according to a new report by the Hydrogen Council and McKinsey & Company, which suggests almost 228 large-scale projects in more than 30 countries have already been announced. The analysis estimates 85% of these projects are located in Europe, Asia and Australia.

Benoît Potier, Chairman and Chief Executive Officer of Air Liquide and Co-Chair of the Hydrogen Council, said: “A huge step in the fight against climate change has been taken, as both governments and investors now fully grasp the role hydrogen can play in the energy transition.

Source: Energy Live News