Hyrdogen Transition Outlook and Trends Q2 2025

In Q1 2025, new project announcements accounted for approximately 295ktpa of added capacity across 10 projects. This represented a decrease from the previous quarter, where 900ktpa of capacity was announced across 21 projects. Q1 2025 also represented a small deceleration from Q1 of the previous year, where 373ktpa of capacity was announced across 15 projects, reflecting how a combination of industry headwinds and policy uncertainty in core markets is weighing on the industry.

Q1 2025 saw a smaller volume of project announcements than the previous quarter and the overall capacity outlook experienced a significant decline following the stall of the GHI Spirit of Scotia Project. This quarterly trend reflects both global industry headwinds and political uncertainty particularly in North America following Trump's inauguration.

Key Highlights

• In Q1 2025, new project announcements accounted for approximately 295ktpa of added capacity across 10 projects.
• This represented a decrease from the previous quarter, where 900ktpa of capacity was announced across 21 projects.
• Q1 2025 also represented a small deceleration from Q1 of the previous year, where 373ktpa of capacity was announced across 15 projects, reflecting how a combination of industry headwinds and policy uncertainty in core markets is weighing on the industry.

Scope

Global hydrogen outlook and trends. Breakdown of hydrogen capacity by stage of development, top capacities per country, top companies with hydrogen capacity, location and scale of largest upcoming low-carbon hydrogen projects and key players, outlook of hydrogen deal trends and global map of implemented and upcoming hydrogen policies, strategies and roadmaps

Reasons to Buy

• Identify the market trends within the region and key players in hydrogen technologies.
• Develop market insight of current, in development and announced capacity and latest trends of the sector.
• Understand the region's different scenarios for 2030 based on the likeliness of the projects.
• Understand how and where the market is growing as it is rapidly scales to become a key technology for the global energy transition