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Related Articles
Europe should partner with China in clean hydrogen race
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
Letter on hydrogen: Bankable business?
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
India bullish on green hydrogen potential
The government has ambitions to scale up production and become a major exporter by the end of the decade
EU mulls IPCEI top-ups as national funding falls short
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
Letter on hydrogen: 45V on the brink?
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
A new standard for hydrogen, part 3
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
A new standard for hydrogen, part 2
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
A new standard for hydrogen, part 1
Hydrogen quality is an increasingly important area for the sector. Though well-established standards are in place, they typically cover only certain parts of assets and value chain
EU ramps up support for hydrogen in metals
European Commission backs hydrogen as best option to decarbonise steel sector, but questions remain over technology choices and funding
EU waves through €400m Spanish green support scheme
Scheme will fund up to 345MW of electrolyser capacity through direct grants for up to ten years
Policy Markets Finance
Stuart Penson
2 January 2025
Follow @PetroleumEcon
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Letter on hydrogen: Five factors to watch in 2025

From politics to power and pipelines, the year ahead looks challenging for the emerging clean hydrogen sector

The hydrogen industry will look back on 2024 as a disappointing year in terms of its growth, with production projects and pipelines delayed or cancelled. However, the number of projects achieving FID is rising, and 2025 is expected to see the industry regain momentum in some, if not all, regions. Here, Hydrogen Economist highlights some of the factors likely to shape the industry in 2025. US market The development of green and low-carbon hydrogen in the US stands at a crossroads as the industry awaits the incoming Trump administration. Blue hydrogen, which already has greater traction in the US market than green, looks better placed to continue to grow under the next administration ing 2025.

Also in this section
Europe should partner with China in clean hydrogen race
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
Letter on hydrogen: Bankable business?
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
Egyptian green hydrogen in holding position
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
India bullish on green hydrogen potential
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade

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