In France, Reuters reported that the International Energy Agency (IEA) said that a wave of cancellations, cost pressures and policy uncertainty have thinned the low-emissions hydrogen project pipeline and cut 2030 projected development by nearly a quarter.
About 37 million metric tons per year of the low-carbon fuel is expected to be produced by 2030, down from 49 million a year earlier as developers shelved or delayed plans, the IEA said in its Global Hydrogen Review.
Actual output is likely to be lower because not all announced projects reach completion, it added.
However, this means that capacity that is already operating, under construction or at final investment decision is expected to climb more than five-fold from 2024 levels to above 4 million tons per year by 2030, the report said.
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