H2Tech Market Data 2024 - 26

ing, petrochemicals production) and establish a robust
green ammonia value chain for domestic use and exports,
and energy storage, among others. Several examples of
these capital-intensive projects include:
* The $7.5-B Ascension Clean Energy project
* The $4.6-B St. Charles Clean Fuels project
* Air Products' $4.5-B Clean Energy Complex and
$4-B Wilbarger H2
production facility
* The Advanced Clean Energy Storage (ACES) project
* Grön Fuels' $9.2-B, 65,000-bpd renewable fuels
facility-the refinery will produce SAF, renewable
diesel and green H2
* ExxonMobil's 1-Bft3
d blue H2 facility in Baytown, Texas
* Lotte Chemical, Mitsubishi and RWE's 10-MMtpy
Corpus Christi clean ammonia production and
export facility. Mitsubishi is also involved with
another consortium for the possible development
of a blue ammonia value chain in Alaska. The blue
ammonia would be exported to demand centers in
the Asia-Pacific region.
* Linde's $1.8-B clean H2
Beaumont, Texas, which will supply H2
production facility in
and
nitrogen to OCI's 1.1-MMtpy blue ammonia complex
(the plant could double in size, if needed)
* The $4-B Lake Charles Methanol blue methanol
complex
* Avina Clean Hydrogen's 700,000-tpy green ammonia
production facility
* Bair Energy's 1-GW Clear Fork Texas facility-
the total installed cost has not been made public;
total production will be gradually ramped up from
33,000 kg/d in 2025 to 132,000 kg/d by 2028
* HIF Global's $4-B Matagorda eFuels facility
* Nutrien's $2-B, 1.2-MMtpy clean ammonia facility
in Geismar, Louisiana
* CF Industries' multi-billion-dollar green ammonia
facilities in Oklahoma and Louisiana
* Adams Fork Energy and the Flandreau Santee
Sioux tribe's 2.2-MMtpy clean H2
in Mingo County, West Virginia
9
/ammonia complex
10
* Yara and Enbridge's nearly $3-B blue ammonia
plant. Yara is also working with BASF to develop
4
a 1.2-MMtpy-1.4-MMtpy blue ammonia production
facility. At the time of this publication, the exact
location was not made public, but it will be along
the U.S. Gulf Coast.
These capital-intensive projects-along with numerous
infrastructure investments (e.g., H2
fueling centers, H2
pipelines, storage)-are only a portion of the more than
170 active H2
development, additional public and private
investments will likely be made to significantly boost
low-/zero-carbon H2
cally and internationally.
LITERATURE CITED
1
2
UN, " Climate action, " accessed April 27, 2023, online:
https://www.un.org/en/climatechange/net-zero-coalition
Bermudez, J. M., S. Evangelopoulou and F. Pavan, " Hydrogen:
Energy system overview, " September 2022, online: https://www.
iea.org/reports/hydrogen
3
IRENA, " Global hydrogen trade to meet the 1.5°C climate
goal: Part 1-Trade outlook for 2050 and way forward, " 2022,
online: https://www.irena.org/-/media/Files/IRENA/Agency/
Publication/2022/Jul/IRENA_Global_hydrogen_trade_
part_1_2022_.pdf
bp, Energy Outlook 2023, 2023, online: https://www.bp.com/en/
global/corporate/energy-economics/energy-outlook/hydrogen.
html
5
Bermudez, J. M., S. Evangelopoulou and F. Pavan, " Electrolysers:
Technology deep dive, " IEA, September 2022, online: https://
www.iea.org/reports/electrolysers
6
Lewis, A., " Egypt signs framework deals in bid to launch
hydrogen industry, " November 15, 2022, online: https://www.
reuters.com/world/middle-east/egypt-signs-framework-dealsbid-launch-hydrogen-industry-2022-11-15/
7
Sguazzin,
A., " South Africa sets sights on $250 billion in
hydrogen investment, " Bloomberg, November 14, 2022, online:
https://www.bloomberg.com/news/articles/2022-11-14/southafrica-says-creating-a-successful-hydrogen-industry-may-cost250-billion#xj4y7vzkg
8
Crippa, M., et al., " CO2 emissions of all world countries, "
European Commission, Joint Research Center science for policy
report, 2022, online: https://publications.jrc.ec.europa.eu/
repository/handle/JRC130363
IEA, " China Hydrogen Industry Development Plan (2021-2035), "
January 2023, online: https://www.iea.org/policies/16977hydrogen-industry-development-plan-2021-2035
Nakano,
J., " China unveils its first long-term hydrogen plan, "
March 28, 2022, online: https://www.csis.org/analysis/chinaunveils-its-first-long-term-hydrogen-plan
20
21
16
15
projects
in the U.S. With the enactment of the
BIL and IRA and subsequent funding from the U.S. DOE to
support clean H2
production and distribution domesti14
13
11
Government
of India, National Green Hydrogen Mission, online:
https://www.india.gov.in/spotlight/national-green-hydrogenmission#:~:text=The%20National%20Green%20Hydrogen%20
Mission,Green%20Hydrogen%20and%20its%20derivatives
12
Singh
S. C., " India Oks $2 bln incentive plan for green hydrogen
industry, " Reuters, January 4, 2023, online: https://www.reuters.
com/business/environment/india-approves-2-billion-incentiveplan-green-hydrogen-industry-2023-01-04/#:~:text=NEW%20
DELHI%2C%20Jan%204%20(Reuters,information%20
minister%20said%20on%20Wednesday.
Singh,
S. C., " India extends transmission fee waiver for green
hydrogen plants, " Reuters, April 11, 2023, online: https://www.
reuters.com/business/sustainable-business/india-extendstransmission-fee-waiver-green-hydrogen-plants-source-202304-11/#:~:text=The%20inter%2Dstate%20transmission%20
charges,0.73)%2C%20the%20official%20said.
Martin,
P., " China and India take diverging paths in green
hydrogen transition, " Hydrogen Economist, April 26, 2023,
online: https://pemedianetwork.com/hydrogen-economist/
articles/strategies-trends/2023/china-and-india-take-divergingpaths-in-green-hydrogen-transition/
Komachi,
H., S. Neilson and M. Voss, " Japan unveils green subsidy
programme-Can it compete with the U.S. Inflation Reduction
Act? " JDSupra, April 11, 2023, online: https://www.jdsupra.com/
legalnews/japan-unveils-green-subsidy-programme-6441356/
Ellis, D., " Indonesia aims to be a global hub for ammonia, " H2View,
April 6, 2023, online: https://www.h2-view.com/story/indonesiaaims-to-be-global-hub-for-ammonia/#:~:text=Indonesia%20is%20
setting%20its%20sights,technological%20and%20industrial%20
collaboration%20efforts.
17
South
Korea METI, " Government announces new policies
to boost hydrogen industry, " November 11, 2022,
online: http://english.motie.go.kr/en/pc/pressreleases/bbs/
bbsView.do?bbs_cd_n=2&bbs_seq_n=1120
18
Martin, P., " EU proposes €4/kg subsidy cap for green
hydrogen auction, " Hydrogen Economist, April 4, 2023,
online: https://pemedianetwork.com/hydrogen-economist/
articles/finance/2023/eu-proposes-4-kg-subsidy-cap-for-greenhydrogen-auction/
19
Parkes,
R., " More generous than US | Green hydrogen could fetch
'fixed premium' subsidy of up to €4/kg in EU's first competitive
auction, " Hydrogen Insight, April 4, 2023, online: https://www.
hydrogeninsight.com/policy/more-generous-than-us-greenhydrogen-could-fetch-a-fixed-premium-subsidy-of-up-to-4-kgin-eus-first-competitive-auction/2-1-1430961
European
Commission, " Hydrogen, " European Hydrogen Bank,
online: https://energy.ec.europa.eu/topics/energy-systemsintegration/hydrogen_en#european-hydrogen-bank
Day,
P., " European Hydrogen Bank strategy to be tested
at autumn auctions, " Reuters, April 27, 2023,
online: https://www.reuters.com/business/energy/europeanhydrogen-bank-strategy-be-tested-autumn-auction-202304-27/#:~:text=The%20European%20Hydrogen%20Bank%20
(EHB,CfD)%20scheme%20introduced%20for%20renewables
22
European Commission, " Internal market, industry,
26
MARKET DATA 2024
H2-Tech.com

https://www.india.gov.in/spotlight/national-green-hydrogen https://www.reuters https://www http://www.reuters.com/business/sustainable-business/india-extends https://www.pemedianetwork.com/hydrogen-economist/ https://www.un.org/en/climatechange/net-zero-coalition https://www.jdsupra.com/ https://www http://www.iea.org/reports/hydrogen https://www.h2-view.com/story/indonesia https://www.irena.org/-/media/Files/IRENA/Agency/ https://www.bp.com/en/ http://english.motie.go.kr/en/pc/pressreleases/bbs/ http://www.bbsView.do?bbs_cd_n=2&bbs_seq_n=1120 http://https:// http://www.iea.org/reports/electrolysers https://www.pemedianetwork.com/hydrogen-economist/ https://www http://www.reuters.com/world/middle-east/egypt-signs-framework-deals https://www http://www.hydrogeninsight.com/policy/more-generous-than-us-green https://www.bloomberg.com/news/articles/2022-11-14/south https://energy.ec.europa.eu/topics/energy-systems https://publications.jrc.ec.europa.eu/ https://www.iea.org/policies/16977 https://www.reuters.com/business/energy/european https://www.csis.org/analysis/china http://www.H2-Tech.com

H2Tech Market Data 2024

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