“In the last few years, the pipeline of green hydrogen projects has grown five-fold: 350 projects are now slated through 2030 expected to receive $500 billion in financing and subsidies. Japan, Canada, and the EU all have formal roadmaps for a hydrogen economy. The US Department of Energy has a “Hydrogen Shot” initiative to achieve $1/kg by 2030. And China’s state-owned industries, mindful of the country’s 2060 net-zero target,  have already announced massive green H₂ projects boasting 300 MW electrolyzers, dwarfing any of those in Europe.”

[Quartz]