The International Energy Agency warns that low-carbon hydrogen adoption is facing significant challenges, including unclear demand signals, financing hurdles, and regulatory uncertainties.
Uncertainty around demand and incentives coupled with cost pressures are weighing on the global adoption of low-carbon hydrogen despite an uptick in final investment decisions in the past year, the International Energy Agency IEA said in a new report on Wednesday. World demand for hydrogen rose by 2.
If all announced projects are realized worldwide, total production could reach almost 50 million tons a year by the end of this decade. But this would need the hydrogen sector to grow at an unprecedented rate of over 90% each year between now and 2030, well above the growth experienced by solar PV during its fastest expansion phases, the IEA noted.
IEA Demand Production Electrolysis CCUS Delays Cancellations Financing Regulations
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
OPEC and IEA Oil Demand Views Are A World ApartThe chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views on medium and long-term global oil demand and how the world should approach the energy transition.
Weiterlesen »
Oil Prices Surge on Supply Uncertainty, Demand Optimism, and Geopolitical RiskOil prices are rallying once again, with Brent breaking $75 on supply disruptions, demand optimism and geopolitical risk.
Weiterlesen »
IEA Says Massive Investments Are Needed to Hit Global Renewable Energy TargetThe IEA says tripling renewable energy capacity by 2030 is achievable, but requires massive investments in power grids and energy storage.
Weiterlesen »
Prince William warns of 'future threats' at a 'time of uncertainty' during speech to RAF troopsThe Prince of Wales warned of 'future threats' and a 'time of change and uncertainty,' as he addressed RAF graduates on Thursday.
Weiterlesen »
Prince William warns troops of 'future threats' and a 'time of uncertainty' during RAF visitThe Prince of Wales warned of 'future threats' and a 'time of change and uncertainty,' as he addressed RAF graduates on Thursday.
Weiterlesen »
Devoted Scots mum opens up on 'uncertainty' over daughter's school futureThe mum-of-two is calling for more funding to help support children with additional needs in school as her three-year-old Eve is preparing to head to primary school next year.
Weiterlesen »