USD 320 Billion - Hydrogen Sector Investments by 2030

Here are some key points to note from the Hydrogen Insights 2023 report, conducted jointly by the Hydrogen Council and McKinsey & Company:

  • The report highlights over 1,000 projects globally, and is expected to total USD 320 billion in investments by 2030.
  • North America is leading in clean hydrogen production with significant investments in supply infrastructure and 0.8 Mt p.a. of operational clean hydrogen capacity.

Let us look into some further insights into the green hydrogen market around the world:

  • $2.5 trillion - Expected market size of hydrogen and fuel cell equipment, as mentioned in another report by Hydrogen Council and McKinsey & Company
  • $125 billion -  India's green hydrogen investment opportunity by 2030, as reported by Money Control 
  • $0.8 to $1.6/kg - The estimated price of green hydrogen in most parts of the world before 2050, according to BloombergNEF 

Decarbonization Avenues

  • Green hydrogen

    • Keywords

  • global investments
  • clean hydrogen production
  • infrastructure
  • project pipeline

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