The IEA's Global Hydrogen Review 2026 provides an update on hydrogen production and demand worldwide and identifies the latest developments relating to policy, infrastructure, trade, investments and innovation.

The conflict in the Middle East is impacting global supplies of hydrogen and hydrogen derivatives, such as fertilisers, exposing vulnerabilities in their supply chains. As energy security concerns move higher up the policy agenda, this year's report considers the potential contributions of low-emissions hydrogen and hydrogen derivatives to enhancing energy security. It takes stock of deployment to date to assess the level of hydrogen uptake that could be achieved by 2030.

➤READ MORE

In the Global Hydrogen Review 2025, the IEA takes stock of the progress to date and explores the challenges ahead, providing a thorough assessment of what could be achieved by the end of this decade. This year’s report also includes a special chapter on Southeast Asia, which explores the region’s near-term potential to produce and use low-emissions hydrogen and hydrogen-based fuels and products – with an assessment of how this could create economic opportunities and reduce import dependencies.

The report is complemented by updates to the Hydrogen Production and Infrastructure Projects Database , and a new online Hydrogen Tracker that allows users to further explore announced projects for low-emissions hydrogen production and infrastructure deployment, hydrogen production costs and more than 1,000 hydrogen policy measures worldwide.

➤READ MORE

Strong growth in electricity demand is raising the curtain on a new Age of Electricity, with consumption set to soar through 2027. Electrification of buildings, transportation and industry combined with a growing demand for air conditioners and data centres is ushering a shift toward a global economy with electricity at its foundations. The International Energy Agency’s Electricity 2025 provides a deep and comprehensive analysis of all these trends as well as recent policy developments. For the period 2025 through 2027, it forecasts electricity demand, supply and carbon dioxide (CO2) emissions for select countries, by region and worldwide. The report explores emerging trends such as growing electrification, expanding power systems and an increasing share of weather-dependent energy sources in the generation mix. Through this lens, it assesses resource adequacy and the methods needed to ensure the security, resilience and reliability of power systems and electricity supply. This year’s report, now in its sixth year, includes a special feature on China’s evolving power demand as well as a section on the phenomenon of negative wholesale electricity prices in some markets.

➤READ MORE

Three strategic areas of public policy – energy, industry and trade – are increasingly interwoven. Tensions and trade-offs arise in each of these areas as governments seek to reconcile their commitment to well-functioning markets and cost-effective clean energy transitions, on the one hand, with the need to establish secure, resilient clean technology supply chains, on the other. This involves tough decisions around choosing which industries to support, collaboration with trading partners, and how to prioritise innovation efforts. This 2024 edition of Energy Technology Perspectives (ETP) – the “world’s clean energy technology guidebook” – is designed to support decision-making in these areas. ETP-2024 is the first analysis of its kind to explore the future of manufacturing and trade of clean energy technologies, with granular sectoral detail across supply chains, built on a unique bottom-up dataset and a quantitative assessment of countries’ industrial strategies.

 ➤READ MORE

More projects and more final investment decisions

Global hydrogen demand reached 97 Mt in 2023, an increase of 2.5% compared to 2022.  Demand remains concentrated in refining and the chemical sector and is principally covered by hydrogen produced from unabated fossil fuels.  Low-emissions hydrogen played a marginal role, with production of less than 1 Mt in 2023.  However, low-emissions hydrogen production could reach 49 Mtpa by 2030 based on announced projects, almost 30% more than when the Global Hydrogen Review 2023 was released. This strong growth has been mostly driven by electrolysis projects, with announced electrolysis capacity amounting to almost 520 GW.  The number of projects that have reached a final investment decision (FID) is also growing:  Announced production that has taken FID doubled compared with previous year to reach 3.4 Mtpa, representing a fivefold increase on today’s production by 2030. This is split roughly evenly between electrolysis (1.9 Mtpa) and fossil fuels with carbon capture, utilisation and storage (CCUS) (1.5 Mtpa).

 ➤READ MORE

Investment in electrolysers is driven by higher deployment but also by higher financing costs

Investment in electrolysers is set to increase by close to 140% in 2024 to USD 5 billion. This is mainly because of new capacity additions as well as cost inflation in the sector and resulting increases in equipment prices and financing costs. Most of the electrolyser capacity coming online in the next few years aims to replace existing uses of hydrogen (refining and the chemical industry). These investments are generally perceived as lower risk than generating new potential sources of demand (e.g. mobility and conversion into low-emissions hydrogen-based fuels).

 ➤READ MORE

How high-quality carbon credits could accelerate the adoption of low-emissions hydrogen, sustainable aviation fuels and direct air capture

Achieving net zero requires rapid development of technologies such as lowemissions hydrogen, sustainable aviation fuels (SAF), and direct air capture and storage (DACS). The IEA and GenZero report explores how carbon credits can incentivise their deployment.

 ➤READ MORE

World hydrogen electrolyser capacity additions grew by 360% in 2023, according to the IEA's new report. The Clean Energy Market Monitor, aims to fill a gap by providing a timely, concise and up-to-date overview of clean energy deployment for 2023 for a selected group of technologies, including hydrogen electrolysers.

 ➤READ MORE