Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex
  • Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada
  • Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations
  • Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras
  • Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets
  • Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game
  • E.ON Cancels 20MW Hydrogen Plant in Essen
  • Repsol Abandons 130MW Hydrogen Project in Puertollano Amid Economic and Technical Concerns
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Europe
hydrogen

IEA: 50 Years of R&D Trends and Hydrogen’s Meteoric Rise

Anela DoksoBy Anela Dokso10/11/20232 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

International Energy Agency (IEA) unveils a comprehensive dataset showcasing the trajectory of government research and development (R&D) budgets in its member countries. This intricate data not only reflects the ebb and flow of energy R&D but also underlines the evolving priorities and technologies that have shaped the energy landscape.

The IEA’s data series, originating in 1974 amid the first oil price shock, discloses a notable shift in energy R&D. Following a doubling of investments between 1974 and 1980, there was a prolonged decline attributed to falling oil prices. However, a resurgence commenced post-2000, fueled by rising energy and raw material prices and a renewed governmental interest in energy research.

Nuclear energy emerges as a consistent frontrunner in R&D budgets for the majority of the dataset’s timeline. Initially peaking in the early 1980s with almost $8 billion annually, nuclear energy budgets have seen fluctuations, currently resting at $4 billion to $5 billion. Despite recent increases, the current budget remains below levels from almost 50 years ago.

Renewable energy, mirroring nuclear energy’s trajectory, witnessed budget growth in the 1970s and an early 1980s peak. Subsequently, the budget fell below $1 billion in 1986, gaining momentum after 2002 and hovering around $3 billion since 2014. In contrast, energy efficiency, once a modest recipient with $300 million in 1973, has steadily risen and now claims the lion’s share of IEA countries’ energy R&D budgets.

Fossil fuel R&D funding, reminiscent of nuclear energy, peaked in the 1970s, with notable exceptions such as the 2009 peak. The dataset includes research into carbon capture and storage (CCS), hinting at potential shifts in response to new government commitments to CCS. Meanwhile, ‘transversal technologies,’ cutting across multiple sectors, have seen a considerable rise, claiming 15% of the total budget in 2021.

A latecomer to the IEA’s dataset, hydrogen made its debut in 2002 with a modest $57 million budget. However, it rapidly gained momentum, reaching nearly $1.4 billion in 2021 and a remarkable $3.1 billion in 2022, placing it in close proximity to renewable energy R&D spending. With global hydrogen subsidies quadrupling to $280 billion in two years, it anticipates continued growth in government investment.

Share. LinkedIn Twitter Facebook Email

Related Posts

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

09/07/2025
Hydrogen

Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game

08/07/2025
hydrogen

E.ON Cancels 20MW Hydrogen Plant in Essen

08/07/2025
Repsol Hydrogen

Repsol Abandons 130MW Hydrogen Project in Puertollano Amid Economic and Technical Concerns

08/07/2025
Hydrogen

Germany’s €2.5B H2Global Auction Seeks Global Green Hydrogen Supply

08/07/2025
Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.