Commodity Market Report
Green hydrogen pipeline more than doubles in five months
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Report summary
The green hydrogen project pipeline more than doubled in five months. Almost 8.2 GW of electrolyzer capacity is now in the proposed pipeline for new projects. The outlook for hydrogen is getting more and more attractive. Larger integrated energy, industrial and financial players are advancing innovative new projects, with the tailwind of “net-zero” carbon policy at their back. Some of the newer projects span multiple segments and are integrated across various sectors of the economy. Average project size continues to grow too. In this insight, we have updated our green hydrogen project pipeline and describe the impetus behind this explosive growth.
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