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.

Canada’s Clean Hydrogen Pathway: Harnessing multiple assets for global leadership

The International Association Cedigaz has just released its Hydrogen Market Review: “Canada’s Clean Hydrogen Pathway: Harnessing multiple assets for global leadership”, which assesses market developments, policies and prospects of the hydrogen industry in Canada. The report also provides information on Canadian clean hydrogen projects.

Oman aims to become a leading green hydrogen hub

The International Association CEDIGAZ has just released its National Hydrogen Market Review “Oman aims to become a leading green hydrogen hub”, which provides key information on Oman Hydrogen Strategy as well as market and project developments on both the demand and supply sides. It emphasizes that Oman is well positioned to become a leading green hydrogen exporter.

Oman is one of the six Gulf Cooperation Council (GCC) countries that have committed to net zero emissions by 2050. In addition, Oman is preparing policies to accelerate projects and plans for the transition to green energy. Green hydrogen presents itself as a key vector that enables Oman to pursue its decarbonization, economic and energy security objectives. In October 2022, the Minister of Energy and Minerals announced Oman’s new climate commitment and ambitious green hydrogen strategy. Today, the country aims to produce 1-1.5 million tons of green hydrogen per year by 2030 and increase green hydrogen production to at least 3.75 million tons per year by 2040 and 8.5 million tons per year by 2050. This would require an electrolysis capacity of 8-15 GW by 2030 and around 100 GW by 2050. To reach its production target by 2050, a cumulative investment of $140 billion is required by this horizon. The hydrogen produced will mainly meet both local and international industrial needs, involving the implementation of large-scale export projects targeting Europe and Asia. Bilateral partnership deals have already been signed with Belgium and the Netherlands for the production and exports of hydrogen to the EU.