In a world grappling with the urgent need to reduce carbon emissions, the future of hydrogen is undeniably bright. As the demand for low-carbon hydrogen continues to grow, we find ourselves on the cusp of a transformative energy shift. According to the two-degree Paris Agreement scenario, the demand for low-carbon hydrogen is projected to reach a staggering 343 million metric tonnes per annum (Mtpa). Of this potential demand, green hydrogen is expected to account for 70%, or roughly 241 Mtpa. Now, compare that to today’s reality, where a mere 80 Mtpa is being produced as grey hydrogen worldwide. This means that the green hydrogen market alone is poised to become three times the size of the current grey hydrogen market.