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Fuel report
Sep 2025
Global Hydrogen Review 2025 Production prospects to 2030
Only a small fraction of the total project pipeline can realistically start operating by 2030, highlighting policy gaps The potential low-emissions hydrogen production from announced projects that could be available by 2030 has declined compared to in Global Hydrogen Review 2024. With only five years to 2030, and taking into account typical development cycles, which stretch from three to six years, realising the full pipeline of projects seems very difficult. In addition, we estimate that half of the announced projects face deferred start dates compared to the commercial operation date announced by developers. Delays are particularly acute among electrolyser projects…
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Fuel report
Oct 2025
Gas Market Lessons from the 2022-2023 Energy Crisis Introduction
Over the course of 2022 and 2023, the largest natural gas supply shock in history unfolded, developing from seemingly regional dynamics into a global shockwave in gas and wider energy markets. The crisis has yet to be entirely resolved in the 3 years that have since passed. However, the post-crisis gas market paradigm has started to emerge, making it possible to draw lessons from the most acute phase of the crisis that can be transposed from one region or market to another, or that can be achieved through collective action across the wider gas market. While gas dependency can…
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Fuel report
Jun 2026
Global Hydrogen Review 2026 Trade and infrastructure
Trade remains a key driver of low-emissions hydrogen projects, and would underpin over 40% of announced volumes by 2030 if all projects materialise. Less than 8% of this, around 1 Mtpa H₂-eq (hydrogen equivalent), comes from projects that are operational, in construction, or have committed investments, compared with around 16% across the overall project pipeline.First shipments of low-emissions hydrogen are taking place, enabling trials of logistics and certification approaches. Long-term bilateral contracts dominate, particularly for ammonia and ammonia-derived fertilisers, while hot briquetted iron (HBI) is gaining prominence.Announced hydrogen pipeline projects, including new and repurposed natural…
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Fuel report
Jun 2026
Global Hydrogen Review 2026 Cost acceptability
Analysis of the costs of hydrogen in different end-uses enables identification of the maximum acceptable costs for hydrogen users, i.e. the maximum amount that can be spent on the hydrogen feedstock within a low-emissions pathway while maintaining the same total levelised cost of production as the incumbent pathway to produce the same commodity.This can enable policy makers and investors to identify sectors with both high maximum acceptable hydrogen costs and high potential volumes that can serve as lead markets for low-emissions hydrogen. Cost acceptability can be influenced by policies and depends on technologies, fuels and…
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Data tool
29 May 2026
Energy Technology RD&D Budgets Data Explorer
Detailed breakdown of public budgets on energy RD&D submitted to the IEA by its member and association countries