Atome plc Reports $110 Billion Committed to Over 500 Global Hydrogen Projects
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Atome plc reports that the global clean hydrogen sector has seen over $110 billion committed to more than 500 projects. Since 2020, over 1,700 hydrogen projects have been announced, with a focus on consolidating commercially viable initiatives. Current capacity stands at 1 million tonnes per year, with potential growth to 9-14 million tonnes by 2030, contingent on demand and offtake agreements. Challenges such as high interest rates and energy costs are leading to a more selective approach in project viability, aiming for a sustainable hydrogen industry.
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