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According to the database of Aurora Energy Research, an Oxford-based analytics firm, a total of 213.
5 GW of hydrogen electrolysis projects have been developed worldwide and are expected to be delivered
by 2040.
In comparison, the current operating electrolyzer capacity is only 0.
2 GW
.
At present, hydrogen electrolyzer pipeline projects are concentrated in Europe, accounting for 85%
of the total.
According to Aurora's hydrogen market attractiveness report, Germany remains the most attractive market for low-carbon hydrogen development, followed by the Netherlands and the United Kingdom
.
The consultancy also noted on Tuesday that Italy, Poland and the United Kingdom have recently released encouraging policies and strategies
.
Low-carbon hydrogen is seen as a vital move to decarbonise sectors such as industry, heating and heavy transport, and with the UK and Europe aiming to achieve net-zero emissions by 2050, low-carbon hydrogen is gaining traction
on the continent.
Aurora said hydrogen electrolysis projects are expanding
.
Although so far the project size is about 1 MW-10 MW, by 2025 they will typically reach 100 MW-500 MW, usually serving
local clusters.
By 2030, projects are expected to exceed 1 GW as there will be hydrogen export projects
in countries where electricity is cheap.
Anise Ganbold, head of global energy markets at Aurora, said: "The company is already betting on the hydrogen economy
by investing in projects now.
”
Richard Howard, head of research at Aurora, warned that despite ambitious hydrogen plans by European governments, electrolyzer projects are still constrained
by factors such as limited approvals and a lack of specific policies and incentives.
According to the database of Aurora Energy Research, an Oxford-based analytics firm, a total of 213.
5 GW of hydrogen electrolysis projects have been developed worldwide and are expected to be delivered
by 2040.
In comparison, the current operating electrolyzer capacity is only 0.
2 GW
.
At present, hydrogen electrolyzer pipeline projects are concentrated in Europe, accounting for 85%
of the total.
According to Aurora's hydrogen market attractiveness report, Germany remains the most attractive market for low-carbon hydrogen development, followed by the Netherlands and the United Kingdom
.
The consultancy also noted on Tuesday that Italy, Poland and the United Kingdom have recently released encouraging policies and strategies
.
Low-carbon hydrogen is seen as a vital move to decarbonise sectors such as industry, heating and heavy transport, and with the UK and Europe aiming to achieve net-zero emissions by 2050, low-carbon hydrogen is gaining traction
on the continent.
Aurora said hydrogen electrolysis projects are expanding
.
Although so far the project size is about 1 MW-10 MW, by 2025 they will typically reach 100 MW-500 MW, usually serving
local clusters.
By 2030, projects are expected to exceed 1 GW as there will be hydrogen export projects
in countries where electricity is cheap.
Anise Ganbold, head of global energy markets at Aurora, said: "The company is already betting on the hydrogen economy
by investing in projects now.
”
Richard Howard, head of research at Aurora, warned that despite ambitious hydrogen plans by European governments, electrolyzer projects are still constrained
by factors such as limited approvals and a lack of specific policies and incentives.
