Green to replace blue as top low-carbon hydrogen by 2030 – GlobalData

By Plamena Tasheva

The share of green hydrogen in low-carbon production is expected to reach 88.6% by 2030, according to a report by GlobalData, unveiled on Thursday.

By the end of the decade, low-carbon hydrogen production capacity is forecast to increase to between 42 million tonnes per annum (mtpa) and 65.3 mtpa, under the low- and high-case scenarios, respectively.

This will represent a rise from global low-carbon hydrogen production capacity of 1.7 mtpa in 2024, of which green hydrogen accounted for 14.9% and blue hydrogen for 76.3%. Low‑carbon hydrogen output was 0.84 mtpa in that year.

By 2030, the leading role will be taken by green hydrogen, driven by significant capacity additions in the Americas, GlobalData said.

“The hydrogen market in the Americas has grown significantly over the last few decades, owing to federal and state-level initiatives in the US, significant efforts in Canada, and emerging policies in Mexico,” commented Attaurrahman Ojindaram Saibasan, Power Analyst at GlobalData.

This article has been republished from The Renewables Now