|
Forecast
Period
|
2026-2030
|
|
Market
Size (2024)
|
USD
9.62 Billion
|
|
Market
Size (2030)
|
USD
21.52 Billion
|
|
CAGR
(2025-2030)
|
14.36%
|
|
Fastest
Growing Segment
|
Solar
|
|
Largest
Market
|
United
States
|
Market Overview
The North America Low Carbon Hydrogen Market was valued at USD 9.62 Billion in 2024
and is expected to reach USD 21.52 Billion by 2030 with a CAGR of 14.36% during
the forecast period. Low carbon hydrogen in North America
refers to hydrogen produced with significantly reduced greenhouse gas emissions
compared to conventional hydrogen production methods, such as steam methane
reforming without carbon capture.
It
primarily includes hydrogen generated via electrolysis using renewable
electricity (green hydrogen) and hydrogen produced from natural gas with carbon
capture and storage technologies (blue hydrogen). This emerging market is
gaining rapid momentum due to its critical role in supporting the region's
transition toward a low-emission energy system. The growing urgency to
decarbonize heavy industries such as steel, cement, and chemical manufacturing,
along with the transportation and power generation sectors, is driving
substantial investment and policy backing for low carbon hydrogen.
Government
initiatives like the United States Inflation Reduction Act, which offers tax
credits of up to USD 3 per kilogram for clean hydrogen production, are
incentivizing project development and technological innovation. Canada is also
aligning its policies through its Clean Hydrogen Strategy, targeting up to 30
percent of national hydrogen to be low carbon by 2030. Additionally, major
infrastructure developments, such as regional hydrogen hubs and partnerships
between public and private stakeholders, are facilitating economies of scale
and cost reductions. Low carbon hydrogen is also being seen as a strategic export
opportunity, particularly with countries like Germany and Japan looking to
import clean hydrogen. Technological advancements in electrolyzers, fuel cells,
and carbon capture solutions are enhancing the economic feasibility and
operational efficiency of production facilities.
The
growing integration of renewables in North America's power grid is improving
the availability of low-cost clean electricity, which is essential for
competitive green hydrogen production. As energy security and climate
resilience become top priorities for governments and corporations alike, low
carbon hydrogen stands out as a versatile and scalable energy vector capable of
decarbonizing multiple sectors. With over 90 announced projects across the
United States and Canada and an estimated 2.5 million metric tons of annual low
carbon hydrogen production capacity targeted by 2030, the market is poised for
substantial expansion in the coming years, signaling a foundational shift in
the region’s energy landscape.
Key Market Drivers
Government Incentives and Legislative Support
Catalyzing Clean Hydrogen Production
The North America low carbon hydrogen market is
experiencing accelerated growth driven by robust governmental incentives and
supportive legislation that are designed to facilitate the transition toward a
low-emission economy. At the heart of this transformation lies a comprehensive
policy framework that includes substantial tax credits, grant funding, and
regulatory support mechanisms which together make low carbon hydrogen a
financially viable alternative to traditional fossil-fuel-based hydrogen. The United
States government has introduced key financial mechanisms under the Inflation
Reduction Act that offer production tax credits of up to three United States
dollars per kilogram of clean hydrogen, contingent upon the lifecycle emissions
of the produced hydrogen. This fiscal support dramatically improves the return
on investment for low carbon hydrogen production facilities, especially green
hydrogen plants relying on electrolysis. Funding allocated through the United
States Department of Energy’s Hydrogen and Fuel Cell Technologies Office is
stimulating research, infrastructure development, and workforce training to
build a comprehensive hydrogen economy. Canada has also implemented its Clean
Hydrogen Strategy, which provides a framework to scale up low carbon hydrogen
production by aligning provincial efforts and offering incentives such as
investment tax credits, low-interest loans, and government-backed
commercialization support.
Both countries are collaborating on binational
initiatives to promote cross-border infrastructure and standardize safety and
certification protocols. The strategic role of legislation is not limited to
direct financial support; it also includes decarbonization mandates that
necessitate the adoption of cleaner energy sources across sectors such as heavy
transportation, power generation, and industrial manufacturing. These mandates
create a legally binding pathway for industries to adopt low carbon hydrogen as
a compliance tool to meet carbon emission targets. In addition, clean energy
procurement mandates from federal agencies and military installations are
further stimulating demand. The combined impact of financial incentives,
regulatory mandates, and supportive governance has created a strong foundation
for a flourishing market environment that reduces investment risks and attracts
private capital into hydrogen production, storage, and distribution ventures.
As a result of these developments, the United States Internal Revenue Service
received over 50 expressions of interest for hydrogen production tax credits
within the first quarter of 2024 alone, indicating surging investor confidence
and policy alignment. As of March 2024, the United States Department of
Energy has allocated over 8 billion United States dollars in funding for
regional clean hydrogen hubs, supporting at least 7 multi-state projects
focused on low carbon hydrogen production and distribution.
Decarbonization Demands in Industrial Manufacturing
Accelerating Hydrogen Adoption
The growing pressure on industrial manufacturing
sectors to decarbonize operations is significantly accelerating the demand for
low carbon hydrogen in North America. Industries such as steel, ammonia,
cement, and petrochemicals are among the most carbon-intensive sectors,
traditionally reliant on fossil fuels for high-temperature heat and feedstock
applications. These sectors face increasing regulatory, environmental, and
shareholder pressures to transition toward cleaner alternatives. Low carbon
hydrogen offers a practical and scalable solution for reducing process
emissions without compromising on energy density or operational reliability. In
particular, hydrogen can be used directly as a fuel in high-temperature
industrial kilns and furnaces or as a reducing agent in green steel production,
eliminating the need for coal-based processes. Several industrial giants have
announced pilot and commercial-scale projects to integrate green and blue
hydrogen into their supply chains, such as direct reduction ironmaking and
ammonia synthesis.
Large utility companies and gas infrastructure
operators are collaborating with industrial partners to establish
hydrogen-ready infrastructure, ensuring secure and cost-effective hydrogen
delivery to manufacturing clusters. Regulatory bodies are imposing stricter
emissions caps, which makes low carbon hydrogen adoption not only a
sustainability goal but also a cost-avoidance strategy. Additionally, corporate
decarbonization pledges, such as net-zero commitments by 2040 or 2050, have
been instrumental in aligning industrial procurement with clean hydrogen
adoption. Industrial buyers are now entering into long-term offtake agreements
with hydrogen producers to lock in supply while meeting their emissions
reduction targets. The North American market is also witnessing a rapid
increase in engineering, procurement, and construction activity related to
hydrogen retrofits in existing facilities, signaling the sector’s readiness for
adoption. The ability of low carbon hydrogen to serve as both a process input
and a compliance enabler is reinforcing its attractiveness across industrial
applications, thereby driving sustained demand.
The North American steel industry currently emits
approximately 70 million metric tons of carbon dioxide annually, and
substituting hydrogen for coal-based reduction methods in just 25 percent of
this capacity could eliminate over 17 million metric tons of emissions each
year.
Strategic Infrastructure Development and Regional
Hydrogen Hubs Strengthening Market Readiness
The development of dedicated hydrogen
infrastructure and the establishment of regional hydrogen hubs are playing a
transformative role in strengthening the readiness and scalability of the low
carbon hydrogen market across North America. Infrastructure readiness—including
hydrogen pipelines, refueling stations, storage facilities, and port
terminals—is essential for enabling the full commercialization of low carbon
hydrogen, especially for applications in transportation, industry, and power
generation. Recognizing this, both the United States and Canada have
prioritized the creation of regional hydrogen ecosystems that can serve as
anchors for production, distribution, and consumption. These hubs are being
strategically located in industrial zones, near renewable energy clusters, and
along major logistics corridors to maximize impact and minimize transportation
costs. The United States Department of Energy’s Regional Clean Hydrogen Hubs
program, funded through the Bipartisan Infrastructure Law, aims to develop at
least seven large-scale hydrogen hubs with diverse production and end-use
profiles. These hubs bring together private industry, utilities, research
institutions, and state governments to accelerate market coordination and
de-risk infrastructure investments.
Similarly, Canada’s provincial governments are
collaborating with energy companies to develop hydrogen valleys in Alberta,
British Columbia, and Quebec. This regional focus ensures that hydrogen
production aligns with local energy resources and end-user demand, improving
the economics of supply chains and fostering early adoption. Investments in
pipeline retrofitting, liquefaction terminals, and high-capacity storage are
being fast-tracked to support cross-sectoral hydrogen delivery. Rail and
trucking networks are being reconfigured to accommodate compressed or liquid
hydrogen shipments, particularly for long-haul transport and export routes.
These infrastructure initiatives are also driving innovation in hydrogen
compression, storage, and leak detection technologies, further supporting
safety and operational resilience. The establishment of hydrogen hubs fosters
cluster development, in which producers and consumers co-locate to share
infrastructure and reduce costs, creating economies of scale. This regional
model is critical to overcoming the “chicken-and-egg” dilemma of hydrogen
market development and ensures long-term scalability. As of early 2024, the
United States federal government has committed more than 8 billion United
States dollars to fund at least 7 regional clean hydrogen hubs, with a combined
projected production capacity exceeding 3 million metric tons of low carbon hydrogen
annually by 2030.
Rising Demand for Zero-Emission Transportation Fuel
Driving Market Penetration
The rising demand for zero-emission transportation
fuel is a key driver propelling the growth of the low carbon hydrogen market in
North America, particularly as the region transitions away from fossil fuels in
response to regulatory pressure, urban air quality goals, and consumer
expectations. Hydrogen is increasingly being recognized as a viable alternative
fuel for heavy-duty and long-haul transportation, where battery-electric
vehicles face limitations related to range, weight, and charging infrastructure.
Fuel cell electric vehicles powered by low carbon hydrogen offer rapid
refueling, long driving ranges, and consistent performance in extreme
temperatures, making them ideal for commercial fleets, buses, trains, and even
aviation applications. Public transit agencies and logistics companies are
leading early adoption, supported by state-level zero-emission vehicle mandates
and fleet conversion incentives. States such as California have passed
legislation mandating that all new medium- and heavy-duty vehicles sold after
2045 must be zero-emission, creating a guaranteed market for hydrogen-powered
alternatives.
Municipalities are integrating hydrogen-powered
buses into their fleets, supported by federal grant programs such as the Low or
No Emission Vehicle Program. Commercial fleet operators are also entering
long-term agreements to secure hydrogen supply for fleet fueling, often
co-locating fueling infrastructure with distribution centers. In Canada,
similar trends are visible, with multiple provinces including hydrogen in their
zero-emission transportation strategies. Rail operators and marine port
authorities are also beginning to integrate hydrogen into decarbonization
roadmaps, including retrofitting locomotives and port equipment to use hydrogen
fuel cells. The expansion of hydrogen refueling infrastructure across major
freight corridors is further reinforcing market accessibility. Moreover,
consumer vehicle manufacturers are investing in hydrogen vehicle models,
although commercial adoption is leading the way. This transportation sector
momentum is catalyzing investments across the hydrogen value chain, including
production, compression, storage, and delivery, thereby deepening market
penetration and accelerating commercialization. As of 2024, over 1,200
hydrogen fuel cell electric buses are either in operation or on order across
the United States and Canada, representing a 60 percent year-over-year increase
in deployment, with California alone operating more than 500 buses in public
transit fleets.

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Key Market Challenges
High Production Costs and Economic Viability
Constraints
The economic challenge of producing low carbon
hydrogen at a competitive price remains one of the most significant barriers to
widespread adoption across North America. Low carbon hydrogen, primarily
generated through electrolysis powered by renewable energy or through steam
methane reforming combined with carbon capture technologies, is currently more
expensive than conventional hydrogen or fossil fuel alternatives. This cost
differential is particularly pronounced in sectors such as heavy industry, shipping,
and long-haul trucking, where existing energy solutions are already
well-optimized for performance and affordability. The high capital expenditure
required for electrolyzer deployment, renewable electricity integration, and
carbon capture and storage systems contributes to elevated levelized costs of
hydrogen production. Furthermore, the intermittent nature of renewable
electricity sources such as solar and wind often leads to suboptimal
electrolyzer utilization rates, thereby driving up operational costs per unit
of hydrogen produced. Although government subsidies and tax incentives have
been introduced to help close the cost gap, these financial mechanisms are
often short-term and vary between jurisdictions, creating uncertainty for
long-term investment planning.
The absence of a standardized carbon pricing
mechanism across North America fails to adequately penalize high-emission
alternatives, reducing the competitiveness of low carbon hydrogen. While
technological innovation and scaling are expected to reduce costs over time,
present economic conditions limit the immediate viability of many low carbon
hydrogen projects, particularly those targeting sectors that operate on narrow
profit margins. The disparity in electricity rates between different states and
provinces further complicates cost projections, as electricity accounts for a
major portion of electrolysis-based hydrogen production costs. This economic
volatility discourages private sector investment and hampers the bankability of
hydrogen infrastructure projects. The long payback periods associated with
hydrogen plants, often exceeding ten years, deter investment from traditional
infrastructure funds that seek faster returns. Without significant advances in
production efficiency or further reductions in renewable electricity costs, the
economic viability of low carbon hydrogen will remain a critical bottleneck in
achieving mass-market penetration across North America.
Insufficient Distribution Infrastructure and
Logistics Complexity
The lack of a comprehensive and integrated hydrogen
distribution infrastructure presents a formidable obstacle to the commercial
expansion of the low carbon hydrogen market across North America. Unlike
traditional fuels that benefit from an extensive and mature logistics network,
hydrogen infrastructure remains in a nascent stage, characterized by limited
pipeline networks, sparse refueling stations, and underdeveloped storage
systems. This infrastructural deficiency significantly impedes the ability to
deliver low carbon hydrogen from production sites to industrial users,
transportation fleets, and residential or commercial applications. Most
existing hydrogen production facilities are situated near localized demand
centers, resulting in fragmented supply chains and limited regional
interoperability.
The transportation of hydrogen via trucks, trains,
or ships involves substantial logistical complexity due to hydrogen’s low
volumetric energy density, high flammability, and the need for specialized
pressurization or liquefaction equipment. These logistical requirements not
only increase transportation costs but also raise safety concerns, especially
in densely populated areas or along congested freight corridors. The
construction of dedicated hydrogen pipelines is capital-intensive and subject
to lengthy permitting processes, environmental reviews, and community
opposition, particularly in regions unfamiliar with hydrogen technologies. The
current lack of standardization in hydrogen purity grades, pressure levels, and
refueling protocols further exacerbates interoperability challenges across
jurisdictions and industries. Without a unified infrastructure roadmap
supported by cross-border regulatory coordination between the United States and
Canada, scaling the market will remain constrained.
The co-location of hydrogen production with end
users, while an interim solution, limits the scalability and flexibility of the
market, especially as new applications for hydrogen emerge in sectors such as
aviation, marine transport, and residential heating. Infrastructure development
is also hindered by uncertainty regarding long-term hydrogen demand and usage
patterns, making it difficult for investors and developers to justify the
large-scale deployment of pipelines, terminals, and storage systems. Unless
there is a coordinated public and private sector effort to rapidly expand and
modernize hydrogen distribution infrastructure, the logistical challenges
associated with moving hydrogen efficiently and safely across North America
will continue to stall market growth.
Policy Fragmentation and Regulatory Uncertainty
Across Jurisdictions
Policy fragmentation and regulatory uncertainty
across various jurisdictions in North America pose a significant challenge to
the consistent growth and deployment of low carbon hydrogen technologies. The
absence of harmonized policies between the federal, state, and provincial
governments creates a patchwork of rules and incentives that complicates
planning, investment, and operational decision-making for hydrogen producers,
users, and infrastructure developers. While some states and provinces have introduced
progressive legislation supporting hydrogen development—such as zero-emission
vehicle mandates, tax credits, or hydrogen blending requirements—others remain
either inactive or have conflicting energy policies that prioritize traditional
fossil fuels or other decarbonization pathways. This disparity undermines
investor confidence, particularly for cross-border projects that depend on a
stable and predictable policy environment. Inconsistent definitions of what
constitutes "low carbon hydrogen" add to the complexity, with
different jurisdictions adopting varying thresholds for carbon intensity,
verification standards, and lifecycle emissions accounting. Such
inconsistencies hinder the development of a unified certification framework and
create uncertainty for consumers and investors seeking assurances of
environmental integrity.
The regulatory frameworks governing safety,
permitting, and environmental impact assessments are often outdated or
ill-suited for hydrogen applications, resulting in prolonged delays and
increased costs for infrastructure deployment. The lack of coordinated
permitting processes further discourages developers from entering the market,
especially for large-scale projects that cross multiple regulatory boundaries.
While federal initiatives in the United States, such as the Inflation Reduction
Act and Bipartisan Infrastructure Law, have injected momentum into the sector,
their implementation often requires collaboration with state agencies, many of
which lack the technical expertise or policy alignment needed for seamless
execution. In Canada, the decentralized structure of energy governance gives
provinces significant autonomy, which can result in diverging policy approaches
and limited interprovincial collaboration. Without a comprehensive, consistent,
and transparent policy framework that aligns across jurisdictions and clearly
articulates long-term hydrogen goals, the North America low carbon hydrogen
market will face persistent regulatory friction that impedes scalability and
long-term competitiveness.
Key Market Trends
Integration of Low Carbon Hydrogen into Existing
Industrial Clusters
A key trend emerging in the North America low
carbon hydrogen market is the strategic integration of hydrogen production and
usage into existing industrial clusters. These clusters, which often include
steel plants, refineries, ammonia facilities, and chemical manufacturing hubs,
are increasingly being retrofitted to incorporate low carbon hydrogen as a
clean feedstock or energy source. By situating hydrogen production facilities
near industrial centers, stakeholders can reduce the cost and complexity of distribution
while supporting rapid decarbonization in hard-to-abate sectors. This
co-location strategy also allows for the sharing of infrastructure such as
pipelines, storage units, and carbon capture systems, which enhances overall
project economics.
Governments in both the United States and Canada
are supporting this trend through funding for regional hydrogen hubs, with a
focus on collaboration between public entities, private companies, and academic
institutions. The proximity of end users in these clusters drives demand
certainty, which is critical for the bankability of large-scale hydrogen
projects. The integration of hydrogen into industrial clusters helps accelerate
the transition from pilot-scale demonstrations to full commercial deployment by
leveraging existing energy and logistics infrastructure. As these
hydrogen-enabled clusters evolve, they are likely to become models for
replication across other regions, thereby catalyzing broader adoption of low
carbon hydrogen technologies across North America.
Growing Role of Renewable Power in Green Hydrogen
Production
The increasing availability and declining cost of
renewable electricity across North America are significantly influencing the
production of green hydrogen, positioning it as a vital component of the low
carbon hydrogen market. Renewable energy sources such as solar and wind are
being increasingly deployed in tandem with electrolyzers to generate hydrogen
through water electrolysis without carbon emissions. This trend is especially
prominent in states and provinces with abundant renewable resources and supportive
clean energy policies, including California, Texas, Quebec, and Alberta. By
aligning renewable energy investments with hydrogen production goals,
stakeholders are addressing two critical challenges simultaneously:
decarbonizing electricity generation and producing low carbon hydrogen at
scale.
The rise in corporate power purchase agreements and
utility-scale renewable energy projects further supports this shift, as energy
producers look to diversify revenue streams and improve grid flexibility
through hydrogen generation. Innovations in electrolyzer technology, such as
increased efficiency and modular scalability, are making it feasible to
co-locate renewable and hydrogen facilities. As renewable energy penetration
continues to rise, excess electricity generated during off-peak periods can be
converted into hydrogen, thereby functioning as a form of long-duration energy
storage and enhancing overall grid stability. This increasing synergy between
renewable energy deployment and hydrogen production is expected to play a pivotal
role in the decarbonization of the energy sector across North America.
Emergence of Cross-Border Hydrogen Trade Between
the United States and Canada
The development of a cross-border hydrogen trade
ecosystem between the United States and Canada is emerging as a significant
trend in the North America low carbon hydrogen market. Both countries possess
complementary strengths that, when combined, can enable the establishment of a
robust and mutually beneficial hydrogen economy. Canada has abundant renewable
resources such as hydropower and wind, as well as significant natural gas
reserves that can support blue and green hydrogen production. The United States,
on the other hand, offers a larger end-use market and well-developed industrial
sectors in need of clean hydrogen.
These dynamics are prompting increased cooperation
between governments, utilities, and private enterprises on both sides of the
border to establish standards, certification protocols, and infrastructure
networks that can facilitate the seamless exchange of hydrogen. Several
proposed projects are already exploring cross-border pipelines and hydrogen
corridors that link Canadian production zones with industrial and
transportation hubs in the northern United States. This trend is reinforced by
the alignment of policy goals under broader continental climate agreements and
clean energy frameworks. The growth of cross-border trade is expected to
optimize regional hydrogen supply chains, enhance energy security, and
strengthen North America’s collective position in the emerging global hydrogen
economy.
Segmental Insights
Process Insights
In 2024, the electrolysis
segment dominated the North America Low Carbon Hydrogen Market by process and
is expected to maintain its leadership position throughout the forecast period
due to its alignment with decarbonization goals and the rapid expansion of
renewable energy capacity across the region. Electrolysis, which involves using
electricity to split water into hydrogen and oxygen, produces hydrogen without
direct carbon emissions when powered by renewable energy sources such as solar,
wind, or hydropower. The increasing integration of electrolyzers into
utility-scale renewable energy projects and the supportive regulatory
landscape—especially through incentives under initiatives like the Inflation
Reduction Act in the United States and Canada's Hydrogen Strategy—have
positioned electrolysis as the most scalable and environmentally sustainable
method for hydrogen production.
Compared to traditional
carbon-intensive methods such as coal gasification and steam methane reforming,
electrolysis offers a more future-proof solution as emissions standards tighten
and net-zero targets become mandatory across multiple sectors. The cost of
electrolyzers has also been declining steadily, aided by technological
advancements and manufacturing scale-up, which is improving the economic
viability of this method. Electrolytic hydrogen is increasingly being adopted
in hard-to-abate industries, energy storage systems, and transportation
networks that require ultra-low emissions solutions. As utility providers and
industrial stakeholders seek to meet clean energy mandates, the ability of
electrolysis to provide a direct link between renewable electricity and clean
hydrogen production strengthens its position as the dominant process.

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Country Insights
Largest Country
In 2024, the United States continued to solidify
its position as the dominant player in the North America low carbon hydrogen
market, driven by a combination of favorable federal policies, vast renewable
energy potential, and strong industrial demand. The enactment of major
legislative frameworks such as the Inflation Reduction Act and the
Infrastructure Investment and Jobs Act provided substantial financial
incentives, including production tax credits and funding for regional hydrogen
hubs, which significantly accelerated project development and investment
inflows. The country’s expansive solar and wind capacity, particularly in
states like Texas, California, and the Midwest, positioned it as an ideal
environment for large-scale green hydrogen production through electrolysis.
The presence of a well-established natural gas
infrastructure supported the advancement of blue hydrogen projects with carbon
capture integration. The United States also benefited from its robust network
of research institutions and public-private partnerships that spurred
innovation in hydrogen storage, transportation, and end-use applications across
transportation, power generation, and heavy industry. With several gigawatts of
electrolyzer capacity under development and multiple cross-sector collaborations
underway, the United States not only led the market in terms of scale and
technology adoption but also set the policy and investment benchmarks that
other regions in North America increasingly aimed to emulate.
Emerging Country
Canada is rapidly emerging as a key player in the
North America Low Carbon Hydrogen Market, leveraging its abundant renewable
energy resources, strong policy support, and existing infrastructure to
accelerate hydrogen production and export potential. Provinces such as Quebec,
British Columbia, and Alberta are leading the charge with projects focused on
both green and blue hydrogen, supported by hydropower, natural gas, and carbon
capture capabilities.
The Canadian government’s Hydrogen Strategy
outlines a national vision with investments in research, infrastructure, and
regulatory development to position the country as a global hydrogen leader.
With growing international interest and cross-border collaboration with the
United States, Canada is well-positioned to play a strategic role in advancing
the continent’s clean energy transition through low carbon hydrogen deployment.
Recent Developments
- In December 2024, RWE marked one year of its
Airborne Wind Energy test facility in Bangor Erris, Ireland. Partnering with
Kitepower, the project achieved over 90 flights and 100 testing hours. With
continued support into 2025, the site’s favorable conditions will aid in
finalizing Kitepower’s system and advancing large-scale airborne wind energy
research.
- In November 2024, Bloom Energy signed a
groundbreaking supply agreement with American Electric Power (AEP) for up to 1
GW of fuel cells, the largest commercial procurement to date. This partnership,
focused on solid oxide fuel cells (SOFCs) for AI data centers, will provide
power with 34% lower CO2 emissions, while also offering flexibility to run on
hydrogen or natural gas blends, supporting future carbon reduction.
- In June 2024, TotalEnergies and Air Products signed
a 15-year agreement to supply 70,000 tons of green hydrogen annually to
TotalEnergies’ European refineries starting in 2030. This deal will reduce CO2
emissions by 700,000 tons per year. It marks a step toward TotalEnergies’ goal
of cutting greenhouse gas emissions by 40% by 2030, supported by Air Products’ USD
15 billion commitment to the energy transition.
- In May 2024, Cummins Inc. will showcase its new
e-compressor and hydrogen loop BOP products at the ACT Expo in Las Vegas,
highlighting its role as a leader in Zero-Emission Vehicle (ZEV) components.
Leveraging extensive experience in turbomachinery and fuel systems, Cummins has
developed advanced products for fuel cell engines, emphasizing customized
design and enhanced efficiency to support the transition to clean
transportation.
Key
Market Players
- Air Products and Chemicals, Inc.
- Bloom Energy Corporation
- Chevron Corporation
- ExxonMobil Corporation
- Shell plc
- Plug Power Inc.
- NextEra Energy, Inc.
- Linde plc
|
By Process
|
By Energy Source
|
By Country
|
- Steam Methane Reforming
- Autothermal Reforming
- Biomass Reforming
- Electrolysis
- Photo Electric Chemical Water Splitting
- Thermochemical Water Splitting
- Biomass Gasification
- Coal Gasification
- Methane Pyrolysis
|
- Natural Gas
- Solar
- Wind
- Hybrid
- Biomass
- Geothermal
- Hydro Energy
- Tidal
|
- United States
- Canada
- Mexico
|
Report Scope:
In this report, the North America Low Carbon
Hydrogen Market has been segmented into the following categories, in addition
to the industry trends which have also been detailed below:
- North America Low Carbon Hydrogen Market, By
Process:
o Steam Methane Reforming
o Autothermal Reforming
o Biomass Reforming
o Electrolysis
o Photo Electric Chemical
Water Splitting
o Thermochemical Water
Splitting
o Biomass Gasification
o Coal Gasification
o Methane Pyrolysis
- North America Low Carbon Hydrogen Market, By
Energy Source:
o Natural Gas
o Solar
o Wind
o Hybrid
o Biomass
o Geothermal
o Hydro Energy
o Tidal
- North America Low Carbon Hydrogen Market, By Country:
o United States
o Canada
o Mexico
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the North
America Low Carbon Hydrogen Market.
Available Customizations:
North America Low Carbon Hydrogen Market report
with the given market data, TechSci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
North America Low Carbon Hydrogen Market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]