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Hydrogen Insights 2022

Hydrogen Council McKinseyHydrogen Council McKinsey
  • 680 large-scale projects announced globally reflecting investments of US$ 240 billion until 2030, an increase of 50% since November 2021
  • US$22 billion, or 10% of proposed investments, have reached FID, are under construction, or are already operational
  • Real deployment of hydrogen is growing (e.g. 80% increase in installed electrolyzers), and must continue to scale
  • Investment proposals must triple to US$700 billion until 2030 in order to achieve the global 2050 net zero target