Hydrogen is taking on a broader strategic role in the global energy system, with energy security and industrial growth increasingly joining decarbonization as drivers of investment, according to the Hydrogen Council’s recently published report, Global Hydrogen Compass 2026.
The Hydrogen Council said committed clean-hydrogen investment (see chart below) has reached about $130 billion, representing 6.9 million metric tons per year (MMtpa) of capacity across more than 570 projects. About 90% of that capacity is already operating (dark-blue bar segments) or under construction (medium-blue bar segments). Operational capacity grew 70% over the past year to roughly 1.7 MMtpa and could reach 3.8 MMtpa next year as projects now under construction come online, the report said.
