Hydrogen energy storage 2030

How much hydrogen will be exported by 2030?

In the NZE Scenario, more than 20% of demand for merchant hydrogen and hydrogen-based fuels is internationally traded by 2030. Based on announced export-oriented projects, 16 Mt of hydrogen equivalent could be exported all around the world by 2030, but only three projects have reached FID.

How big is IEA's potential hydrogen production by 2030?

The potential production by 2030 from announced projects to date is 50% larger than it was at the time of the release of the IEA’s Global Hydrogen Review 2022. Only 4% of this potential production has at least taken a final investment decision (FID), a doubling since last year in absolute terms (reaching nearly 2 Mt).

How big is hydrogen demand in 2030?

By 2030 hydrogen demand increases by more than 1.5 times to reach more than 150 Mt, with nearly 30% of that demand coming from new applications. Transport and storage infrastructure for hydrogen and hydrogen-based fuels remains very limited, but its scale-up is crucial as new distributed applications arise

Will Green Hydrogen be available in 2030?

In the conventional growth case, it is likely (≥75%) that in 2030 less than 1% of final energy in the European Union (less than 0.2% globally) can be supplied with domestic green hydrogen. Under unconventional growth, supply in 2030 spans a wide IQR of 0.8–4.5% in the European Union (0.3–2.1% globally).

How can the hydrogen storage industry contribute to a sustainable future?

As educational and public awareness initiatives continue to grow, the hydrogen storage industry can overcome current challenges and contribute to a more sustainable and clean energy future.

Will Green Hydrogen become a major energy source in 2040?

Despite initial exponential growth, green hydrogen likely (≥75%) supplies <1% of final energy until 2030 in the European Union and 2035 globally. By 2040, a breakthrough to higher shares is more likely, but large uncertainties prevail with an interquartile range of 3.2–11.2% (EU) and 0.7–3.3% (globally).