Countries are increasingly embedding green hydrogen’s potential to decarbonize hard-to-abate sectors within ambitious strategies. In December, Canada joined a long list of countries, which includes France, Japan, Australia, Norway, Germany, Portugal, Spain, Chile, and Finland, as well as the European Union, with plans to stimulate the production of hydrogen.
The policies take into account an explosion of global interest in the gas, which is dominantly being produced with methane and coal today. According to the International Energy Agency’s Hydrogen Projects Database, nearly 320 green hydrogen production demonstration projects have been announced worldwide—a total of about 200 MW of electrolyzer capacity—with new projects being added on almost a weekly basis.
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