CEDIGAZ’s annual report “Global Biomethane Market – 2025 Assessment” is now available, providing a comprehensive analysis of a rapidly evolving sector. The report details significant growth, with global renewable natural gas (RNG) production reaching 9.25 bcm in 2023 and forecasted to approach 12 bcm in 2024. Europe and North America remain the leading regions, while emerging markets such as Brazil, China, and India show promising momentum.
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GLOBAL HYDROGEN MARKET – 2025 ASSESSMENT
Recent trends and prospects
CEDIGAZ has recently published its annual survey on the global hydrogen market along with comprehensive databases on low-emission hydrogen production projects worldwide. The report tracks recent policy and market developments of the global low-emission hydrogen sector. It also focuses on project development and medium-term supply prospects.
The hydrogen industry is at a pivotal stage, with significant progress made in investments, policy support, and project development. However, the market remains in its infancy, with substantial challenges in cost, infrastructure, and demand uptake. The next five years will be critical for scaling hydrogen production and establishing a global market. Stronger policies, international collaboration, and technological advancements are essential to unlock hydrogen’s full potential as a cornerstone of the energy transition.
The Golden Age of China’s gas storage
An exerpt from the Undergound Gas Storage in the World 2024 report
China adopted a new gas storage policy in 2018, mandating minimum stock levels for market participants. The government requires gas suppliers, urban gas distributors, and local governments to have storage capacity equal to 10%, 5%, and 3 days of their annual sales/demand. In 2021, the government issued an implementation plan to accelerate the construction of storage capacity (both underground gas storage (UGS) and liquefied natural gas (LNG) reserves). The plan requires that the total gas storage capacity reaches 55 billion cubic meters (bcm) to 60 bcm in 2025, representing around 13% of the expected natural gas demand. In addition, since the global energy crisis, the new watchword has been to “store as much as possible”. These policies have triggered massive development in gas storage, both in UGS and LNG storage tanks.