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.

Global Spending in Hydrogen Projects to Reach $300bn by 2030 | Devamı>>>

If the hydrogen economy is to advance, it must receive investment support of $70 billion by 2030. That’s according to the Hydrogen Council, which says that the cost to produce and distribute hydrogen from clean energy sources will fall by as much as 50% over the next decade.

Today most hydrogen is produced in reactions involving coal and natural gas, and is considered “grey hydrogen” that does nothing to limit CO2 emissions. The goal, though, is to produce hydrogen from low-carbon energy sources and to expand its use into the transportation and power generation sectors.

How Renewable Energy Will Make All The Cheap Hydrogen We Need | Devamı>>>