Companies are developing over 200 GW of Hydrogen electrolyser projects globally, 85% of which are in Europe - Aurora Energy Research

Companies are developing over 200 GW of Hydrogen electrolyser projects globally, 85% of which are in Europe - Aurora Energy Research: 

Aurora’s global electrolyser database indicates 213.5 GW of projects planned for delivery by 2040, a one-thousand-fold increase from the 0.2 GW operating currently The vast majority of electrolyser projects are located in Europe (85%); with Germany the clear front-runner with 23% of planned electrolyser capacity globally Germany remains the most attractive market for low carbon hydrogen investment in Europe, despite promising policies and strategies recently being released by Italy, Poland and the UK Key success factors for ‘green’ hydrogen from electrolysers are the cost and carbon footprint of electricity. France currently offers the lowest wholesale power prices, and its grid carbon intensity is one of the lowest in Europe. However, hydrogen made directly from renewable energy rather than the power grid can achieve the lowest carbon footprint. This may be the only type of hydrogen that can meet the carbon intensity thresholds set by the EU