Low‑carbon hydrogen production grew slowly for years and was largely flat until recently. However, the trend has changed in the past couple of years, with production increasing to 0.84 million tonnes per annum (mtpa) in 2024. The low-carbon hydrogen production capacity is anticipated to reach 65.3mtpa in high case scenario and 42mtpa in low case scenario by 2030. Driven by significant capacity additions in the Americas, green hydrogen is poised to dominate the production, with a share of