PUBLISHER: GlobalData | PRODUCT CODE: 1726000
PUBLISHER: GlobalData | PRODUCT CODE: 1726000
A key way to stimulate low-carbon hydrogen demand is to increase its accessibility to potential consumers via efficient transport networks. Although the production of derivatives such as ammonia and methanol represents one potential transport option that holds advantages such as easier handling, hydrogen pipelines are being favoured for transporting pure hydrogen or hydrogen blends over long distances. Hydrogen pipelines can offer the efficient transport of hydrogen between production hubs and end-use industries, but pipelines also represent large-scale infrastructure that have recently struggled with spiralling project costs amid high interest rates and material costs globally.
In recent years, there has been a rapid uptick in the number and scale of hydrogen plant announcements. As a result, low-carbon hydrogen production capacity could reach up to 87mtpa by 2030, based on active and announced projects. However, despite this volume of announcements, the global hydrogen market has encountered headwinds in the last year, with demand uncertainty coupled with concomitant policy support undermining business confidence in the sector. Bolstering demand from existing and prospective hydrogen-consuming industries will be key to providing project stakeholders with the necessary security to progress projects. A key way to stimulate demand is to increase the accessibility of low-carbon hydrogen to potential consumers via efficient transport networks. Although the production of derivatives such as ammonia and methanol represents one potential transport option that holds advantages such as easier handling, hydrogen pipelines are being favoured for transporting pure hydrogen or hydrogen blends over long distances. Hydrogen pipelines can offer the efficient transport of hydrogen between production hubs and end-use industries, but pipelines also represent large-scale infrastructure that have recently struggled with spiralling project costs amid high interest rates and high material costs globally.
The largest upcoming hydrogen pipeline projects, hydrogen pipeline length outlooks, leading regions and countries developing hydrogen pipelines, leading companies developing hydrogen pipelines, global hydrogen market trends, breakdown of hydrogen production capacity by end-product, hydrogen pipeline policies and funding initiatives.