The billions keep racking up

Published on July 4, 2023

Hydrogen Projects Around the World

Hydrogen is a clean and versatile fuel that has the potential to play a major role in decarbonizing our energy system. In recent years, there has been a growing interest in hydrogen projects around the world.

Some of the largest hydrogen projects in the world, along with their estimated financial costs, include:

  • Kuqa Green Hydrogen project in China (expected to produce 20,000 tonnes of green hydrogen per year): $2 billion
  • Ordos Green Hydrogen project in China (expected to produce 30,000 tonnes of green hydrogen per year): $3 billion
  • Asian Renewable Energy Hub in Australia (expected to produce up to 10 million tonnes of green hydrogen per year): $36 billion
  • HyPort project in the Netherlands (expected to produce 1,000 tonnes of green hydrogen per year for use in heavy-duty transport): $10 million
  • Noma project in Oman (expected to produce 100,000 tonnes of green hydrogen per year for use in export markets): $10 billion

In Manchester, England, there are a number of hydrogen projects that are just taking shape. These include:

  • HyNet North West (expected to produce 100,000 tonnes of hydrogen per year): $1 billion
  • Hydrogen-powered buses (expected to be introduced in 2023): $10 million
  • Hydrogen-powered taxis (expected to be introduced in 2024): $5 million

These projects are just a few examples of the many hydrogen projects that are underway or planned around the world. As the cost of hydrogen production continues to fall, we can expect to see even more hydrogen projects being developed in the years to come.

The development of hydrogen projects around the world is a positive sign for the future of clean energy. Hydrogen has the potential to play a major role in decarbonizing our energy system, and the growing number of hydrogen projects shows that there is a lot of interest in this technology. As the cost of hydrogen production continues to fall, we can expect to see even more hydrogen projects being developed in the years to come.