The IEA reports a doubling of hydrogen project investments in the past year, led by China.

The International Energy Agency (IEA) reports a surge in hydrogen project investments, doubling in the past year, primarily driven by China, which now leads in low-emission hydrogen production. Despite this growth, current demand remains low and largely met by fossil fuel-derived hydrogen. Challenges like financing issues and regulatory uncertainties hinder progress. The IEA urges focused efforts on demand creation and cost reduction to meet future hydrogen goals.

October 02, 2024
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