New ‘first-of-its-kind’ interactive hydrogen map predicts global boom
The number of hydrogen projects under development around the world is set to exceed those currently in operation by the end of the year, according to new figures.
International law firm Pillsbury Law has launched a ‘first of its kind’ interactive map that tracks more than 200 green and blue hydrogen projects around the world.
He found that while 57 projects – 26% of those monitored – are currently operational, 58 more will be in development by the end of 2021.
Construction of another 92 perimeters is expected to begin over the next decade.
Some of the projects included on the map include Aberdeen City Council’s hydrogen bus initiative and P&J Live, which runs on hydrogen fuel cells.
The Acorn carbon capture and storage project is also known for its efforts to develop blue hydrogen from natural gas in the North Sea.
Global fuel growth so far has been driven by Western Europe and Asia-Pacific, with these regions accounting for over 83% of known low-carbon hydrogen projects.
However, low carbon fuel projects in the United States are on the rise.
Green hydrogen projects – which use renewable energy and water to generate fuel through a process called electrolysis – currently dominate the market, with 52 projects operating worldwide.
Sheila Harvey, a partner at Pillsbury who is also a group leader in the energy industry and co-leads the company’s hydrogen practice, said: What shows the ongoing energy transition.
Hydrogen practice group co-leader Mona Dajani, who also heads Pillsbury’s energy and infrastructure projects and renewable energy teams, said: “The demand for energy is driving an important innovation in the hydrogen domain.
“Green hydrogen projects, which combine renewable energy sources with hydrogen production, open up new possibilities for regions previously limited by weak grid connections and transmission bottlenecks and mark a milestone crucial in the development of the business case for green hydrogen. “
At the same time, a separate study by consultancy firm Delta-EE found that the European green hydrogen sector is expected to boom in the coming years.
According to extensive research into the hydrogen electrolyzer market, there will be 2.7 gigawatts (GW) of operational capacity by 2025, almost 50 times the capacity built over the past ten years.
However, Delta-EE has warned that time is running out to establish the many projects at the scale of the hundreds of megawatts needed to meet the EU’s target of 6 GW by 2024.
The research is the first produced by Delta-EE’s new Global Hydrogen Intelligence Service, created to provide data, analysis, insight and realism on how the new global clean hydrogen industry is developing.
Dr Robert Bloom, product manager of the consulting firm, said: “There are two sides to this story. On the one hand, this is an incredibly rapid growth of a key technology to net zero targets; on the other hand, it is still well below the extremely ambitious national and European objectives which have been set.
“We must remember, however, that this is an embryonic market. The current pipeline of projects is almost entirely funded by European or national funding, with project stakeholders targeting the sectors of use where state aid is most important.
“With the enormous capital made available by various national hydrogen strategies, the EU Green Agreement and IPCEI Hydrogen, we expect to see many more projects added to the pipeline. “