China Surpasses Global Hydrogen Orders in 2024, U.S. and Europe Lag

The global race to dominate the hydrogen economy is intensifying, with China making a massive push to control the hydrogen supply chain and surpassing 60% of global manufacturing capacity, according to recent reports. The U.S. is urged to maintain leadership by preserving incentives like the Clean Hydrogen Production Tax Credit to secure billions in investments, create jobs, and foster economic growth. Meanwhile, British Columbia, Canada, is emerging as a significant hydrogen hub, home to the country's largest hydrogen and fuel cell cluster, supported by federal investments aimed at expanding its global market reach and advancing clean energy technologies. Additionally, ports such as V.O. Chidambaranar in India are actively pursuing green hydrogen projects and collaborations, including partnerships with NTPC and international stakeholders, to develop sustainable infrastructure and energy solutions. The expanding role of clean hydrogen in global energy systems is evident, with projections indicating a sharp rise in demand by 2050, emphasizing hydrogen's versatility as a fuel and feedstock that can support low-emission economies worldwide. These developments underscore hydrogen's critical role in the future of energy and the importance of coordinated national and international strategies to capitalize on its potential.