Insight
Natural hydrogen market review 2025: ready, set, spud!
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Natural hydrogen exploration is gaining momentum as the industry transitions from desk studies to field testing. The completion of HyTerra's three-well Kansas campaign marks a pivotal moment - operators are drilling dedicated wells rather than relying on legacy data. With 70 projects now underway globally and drilling activity accelerating in the US, Australia, Canada, and France, the race is on. But regulatory fragmentation, commercial uncertainties, and long development timelines mean the path to commercial production remains complex. Who's drilling where? What's been found? And when might natural hydrogen reach scale?
Table of contents
- Executive summary
Tables and charts
This report includes the following images and tables:
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Global natural hydrogen exploration activity
What's included
This report contains:
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