This page was originally published on 08.11.2022. We have updated the radar and related texts and graphics on 11.07.2025.
Making sense of the momentum in the global hydrogen economy
Climate change and serious geopolitical concerns have made the need to wean advanced economies off fossil fuels abundantly clear. In the process, both private-sector interests and public policymakers are increasingly discovering the potential of hydrogen to advance the transition to a climate-friendly economy. However, staying on top of such a fast-moving market is no easy task.
Roland Berger has advised clients for over a decade on countless projects surrounding clean
hydrogen.
Our expertise ranges from crafting political concepts for governments and industry associations to developing strategies for all relevant sectors of industry.
The Clean Hydrogen Radar places our in-depth understanding of this dynamic market at your disposal in a clear and concise form. Distilled into sharply focused analyses, the insights we are gaining will keep decision-makers in industry and government up to speed on the latest developments as the hydrogen economy continues to accelerate.
What is the Clean Hydrogen Radar?
Roland Berger believes it is important for market players and market makers to grasp the strategic implications and direction of the
hydrogen economy.
The radar therefore takes a deep dive into the latest technological and commercial developments as well as relevant regulatory trends. Drawing on our international networks of experts, we cover developments in global key markets, breaking our analysis down into different segments:
Hydrogen strategies and national targets Government strategies and ambitions towards hydrogen adoption
Regulatory developments Regulatory developments influencing the adoption of hydrogen and derivatives
Upstream market Developments surrounding the production and supply of hydrogen and its derivatives
Midstream market Developments in the
transportation
and storage of hydrogen
Downstream market News on hydrogen demand and the many use cases along three sectors: Industry (e.g., steel, refining, chemicals), Mobility (e.g., fuel cell trucks, sustainable aviation fuels), Energy (e.g., hydrogen fueled heat and power plants)
In the quarterly radar, our experts analyze these developments, interpreting current events and bringing the bigger market picture clearly into focus. Obviously, a brief high-level summary alone cannot share the full wealth of Roland Berger’s market intelligence in this fascinating field. However, the Clean Hydrogen Radar will lay a firm foundation for strategic discussion with clients, government policymakers and the public at large – a discussion we expressly welcome!
Clean Hydrogen Radar
Highlights from the Q2 2025 update
Q2 2025 was a dynamic quarter across the entire clean hydrogen sector, including further announcements of large-scale hydrogen projects and new international hydrogen policy and funding developments. However, despite these positive signs, negative signals for the market persisted. Key developments during Q2 include:
France unveils its revised Hydrogen Strategy, cutting its hydrogen target from 6.5 GW to 4.5 GW by 2030, and from 10 GW to 8 GW by 2035. It says the low-carbon H2 market has taken longer to develop than expected.
The US Senate Finance Committee proposes a bill to end the hydrogen production tax credit (45V) by January 1, 2026, aligning with tax and spending plans included in President Trump’s "One Big Beautiful" bill passed by the House of Representatives on May 22. The move could significantly hinder the growth of the emerging US green hydrogen industry by removing critical incentives earlier than originally planned.
The world's first large-scale commercial e-methanol plant, powered by a 52.5 MW Siemens Energy electrolyzer, is inaugurated in Kassø, Denmark, producing 42,000 tons of low-carbon e-methanol annually with a 97% lower carbon footprint.
ArcelorMittal cancels two planned green hydrogen-based steel projects despite EUR 1.3 bn in subsidies, citing an unviable business case due to weak demand for green steel, high energy prices, and increased imports.
Oman and the Netherlands sign a joint agreement to develop a commercial liquid hydrogen corridor allowing Oman to export affordable clean hydrogen to Europe.
Again, there are few announcements for new electrolyzer manufacturing capacity in Q2 2025. Instead, many OEMs enter restructuring programs in response to slow market uptake.
Total announced green hydrogen production capacity, based on the latest project developments, may reach 560 GW by 2030. However, per Roland Berger’s assessment, which uses a probabilistic model considering project failure rates, expected cancellations and postponements, expects around 45-50 GW of installed electrolyzer capacity by 2030.
"Clean hydrogen is coming. It is an essential ingredient in the decarbonization agenda."
What does the future hold for the hydrogen economy?
Recent market developments and world events make it clear: Industry leaders and public policymakers need to keep a very close eye on how the clean hydrogen economy unfolds going forward. So stay tuned for our next update to the Clean Hydrogen Radar. But don’t just leave it at that: Reach out and engage with us in discussing what these developments mean for your strategy and your organization.
We look forward to hearing from you!
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