WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 220
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Changing commitments and focus
FIGURE 7
Direct Investments Into Hydrogen Projects Announced Through 2030, As Of 31st January 2023, In $Bn,
By Region
• Globally, the industry has announced more than
1,000 large-scale project proposals as of the
end of January 2023
• Since May 2022, more than 350 new proposals
have been announced. Of the total, 795 aim to
be fully or partially commissioned through 2030
and represent total investments of $320 Bn of
direct investments into hydrogen value chains
through 2030 (up from $240 Bn)
117
34
21
Europe
Latin
America
Source: Hydrogen Council
North
America
Oceania
Middle
East
19
Africa
18
17
China
South
Korea,
rest of
Asia
• Latin America and North America follow Europe,
each representing about 15% of announced
investments
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• Europe remains the global leader in hydrogen
project proposals, with the highest total
investments ($117 Bn, 35% of global
investments)