Hydrogen project pipeline grows to $570bn – just 7% have passed FID, says Hydrogen Insights report

The latest publication of the Hydrogen Council and McKinsey co-authored Hydrogen Insights has painted a recurring picture from previous reports: investments continue to grow but final investment decisions (FIDs) are falling short.

Highlighting global project pipeline growth – including clean hydrogen production, end-use and infrastructure – of 35% to $570bn in six months across over 1,400 projects, the report found projects in FEED phases grew by 60%.

However, just 7% ($39.9bn) of announced investments have passed FID, according to the report. The previous report’s findings can be found here.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...