Global hydrogen demand exceeded 100 million tonnes in 2025, with industry and refining accounting for almost all of it. The International Energy Agency’s Global Hydrogen Review 2026 finds that low-emissions hydrogen production grew by 20% to nearly 1 million tonnes, with most of the growth concentrated in a small number of projects.
The outlook for 2030 has weakened. Projects already committed or considered strong candidates to enter operation could supply just over 6 million tonnes a year by 2030, down from 10 million tonnes in the previous review. High costs, uncertain demand and gaps in transport and storage infrastructure continue to delay investment decisions.
The report also examines how disruptions to fertiliser and chemical supply chains have brought energy security into focus. The IEA finds that low-emissions hydrogen could help diversify these supply chains over time, particularly for products such as ammonia and methanol.
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