Browsing: IEA

hydrogen

The International Energy Agency (IEA) released its annual report on the hydrogen business on October 2, 2024. The findings may have left those hopeful for hydrogen’s rise in the energy sector feeling let down.

Pathway to Support SMEs in Germany’s Hydrogen Economy

Germany has set an ambitious target to install around 20 gigawatts (GW) of electrolysis power by 2030, aiming to lead in the global hydrogen economy. However, a recent analysis by BBH Consulting Group, drawing on data from the International Energy Agency, reveals a significant gap between goals and current progress.

IEA's Call to Action: Accelerating the Shift to Low-Emission Hydrogen

In a recent report, the International Energy Agency (IEA) sheds light on the growing prominence of hydrogen in the global energy matrix. Global hydrogen consumption soared to 95 million tonnes in 2022, marking a 3% annual increase. However, despite this surge, the share of green hydrogen, the low-emission variant, remains a modest 0.6% of the total supply.

hydrogen

The International Energy Agency (IEA) outlines an ambitious vision, estimating that global hydrogen consumption must surge to 150 million tonnes by 2030, a substantial increase from the current 95 million tonnes in 2022.