The European Commission has selected nine hydrogen production projects across seven countries under the third European Hydrogen Bank auction, allocating €1.09 billion to deliver 1.1GW of electrolyser capacity.
DNV forecasts global clean hydrogen production will grow approximately 100-fold by 2060, backed by $3.2 trillion in cumulative investment, with China accounting for 35% of new production.
Hydrogen-electric propulsion systems delivering 350–500kW could be in commercial production by 2030, according to leading developers — putting hydrogen-powered regional aircraft on track to enter service before the end of the decade.
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