======Global Hydrogen Review 2024====== Global hydrogen production and demand are on the rise, with significant growth in low-emissions hydrogen projects, particularly in Latin America. The report highlights challenges in infrastructure, investment, and regulatory frameworks that must be addressed to meet future hydrogen goals. \\ \\ (Generated with the help of GPT-4) \\ ^ Quick Facts ^^ |Report location: |[[https://www.iea.org/reports/global-hydrogen-review-2024|source]] [[https://iea.blob.core.windows.net/assets/3ece5ee4-7537-4992-8ba6-b83c994c3fd4/GlobalHydrogenReview2024.pdf|PDF]] | |Publication date: |October 2024 | |Language: |English | |Publisher: |[[encyclopedia:international_energy_agency|International Energy Agency]] | |Authors: | Alessandro Blasi, Alexandre Gouy, Amalia Pizarro, Ana Alcalde Bascuñes, Araceli Fernandez Pales, Chiara Delmastro, Deniz Ugur, Dennis Hesseling, Detlef Stolten, Elizabeth Connelly, Francesco Pavan, Gabriel Leiva, Giovanni Andrean, Herib Blanco, Ilkka Hannula, Jennifer Ortiz, Jonghoon Chae, Jose Miguel Bermudez Menendez, Keisuke Sadamori, Laura Cozzi, Leonardo Colina, Martin Kueppers, Mathilde Fajardy, Megumi Kotani, Mirko Uliano, Paolo Frankl, Pedro Nino De Carvalho, Quentin Minier, Rafael Martinez Gordon, Richard Simon, Sara Budinis, Shane Mcdonagh, Simon Bennett, Stavroula Evangelopoulou, Tim Gould, Uwe Remme, Yasmina Abdelilah, Timur Gül | |Time horizon: |2030 | |Geographic focus: |Global | =====Methods===== The research method involved analyzing global hydrogen production and demand data, focusing on low-emissions hydrogen projects and their potential growth. The report compares real-world developments with government and industry ambitions, assessing infrastructure, trade, policy, regulation, investments, and innovation. \\ \\ (Generated with the help of GPT-4) \\ =====Key Insights===== The Global Hydrogen Review 2024 by the International Energy Agency (IEA) provides an overview of the current state of hydrogen production and demand worldwide, focusing on low-emissions hydrogen. In 2023, global hydrogen demand reached 97 million tonnes (Mt), a 2.5% increase from 2022, primarily driven by traditional sectors such as refining and chemicals. However, low-emissions hydrogen production remains minimal, accounting for less than 1 Mt. The report emphasizes the potential for low-emissions hydrogen to reach 49 Mt by 2030, driven by announced projects, particularly in electrolysis. The report also highlights the importance of infrastructure development, investment, and regulatory clarity to facilitate the growth of the hydrogen sector. Special attention is given to Latin America, which has the potential to become a major player in low-emissions hydrogen production due to its abundant renewable resources. The report concludes that while progress is being made, significant challenges remain in scaling up production, creating demand, and developing necessary infrastructure. \\ \\ (Generated with the help of GPT-4) \\ =====Additional Viewpoints===== Categories: {{tag>2030_time_horizon}} | {{tag>2030s_time_horizon}} | {{tag>2024_publication_year}} | {{tag>English_publication_language}} | {{tag>Global_geographic_scope}} | {{tag>electrolysis_projects}} | {{tag>greenhouse_gas_emissions}} | {{tag>hydrogen_demand}} | {{tag>hydrogen_production}} | {{tag>infrastructure_development}} | {{tag>investment}} | {{tag>latin_america_focus}} | {{tag>low-emissions_hydrogen}} | {{tag>regulatory_challenges}} | {{tag>trade_potential}} ~~DISCUSSION~~