{"id":9736,"date":"2023-11-16T11:50:50","date_gmt":"2023-11-16T10:50:50","guid":{"rendered":"https:\/\/hydrogencouncil.com\/?p=9736"},"modified":"2024-07-30T10:55:21","modified_gmt":"2024-07-30T08:55:21","slug":"global-hydrogen-flows-2023-update","status":"publish","type":"post","link":"https:\/\/hydrogencouncil.com\/en\/global-hydrogen-flows-2023-update\/","title":{"rendered":"Global Hydrogen Flows \u2013 2023 Update"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9736\" class=\"elementor elementor-9736\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4dae290b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4dae290b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26ca12e4\" data-id=\"26ca12e4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-30abaa43 elementor-widget elementor-widget-text-editor\" data-id=\"30abaa43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p><strong>November 16, 2023<\/strong><\/p>\n<p>Hydrogen and its derivatives will play a central role in decarbonization and global trade will be critical for driving uptake. This was the key finding of <em>Global Hydrogen Flows<\/em>, a joint report of the Hydrogen Council and McKinsey &amp; Company published in 2022. It highlighted the inability of major future hydrogen demand regions, including Europe, Japan, and South Korea, to meet all their demand at affordable costs. Other regions, the report showed, could potentially have excess low-cost supply.<\/p>\n<p>Yet the outlook for hydrogen is far from fixed. The hydrogen industry is constantly adapting to a rapidly evolving regulatory framework, shifts in global policy, geopolitical forces, new technologies, and ongoing learning from project implementation. This 2023 summary report revisits the findings of the 2022 <em>Global Hydrogen Flows<\/em> report to account for these and other changes\u2014and assesses how global hydrogen trade flows could evolve.<\/p>\n<p><\/p>\n<p><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-462e737 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"462e737\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-cdc0f53\" data-id=\"cdc0f53\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e13ac6d elementor-widget elementor-widget-heading\" data-id=\"e13ac6d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">View and download the full report<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-bee5812\" data-id=\"bee5812\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b9835a elementor-align-right elementor-tablet-align-center elementor-widget elementor-widget-button\" data-id=\"8b9835a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/hydrogencouncil.com\/wp-content\/uploads\/2023\/11\/Global-Hydrogen-Flows-2023-Update.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-file-pdf\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download the Report<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-59b694c elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"59b694c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-038d373\" data-id=\"038d373\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d2a5d71 elementor-widget elementor-widget-heading\" data-id=\"d2a5d71\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Read the press release<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-682a797\" data-id=\"682a797\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-694a1ba elementor-align-right elementor-tablet-align-center elementor-widget elementor-widget-button\" data-id=\"694a1ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/hydrogencouncil.com\/global-trade-key-to-accelerating-a-more-cost-effective-transition-to-a-hydrogen-economy\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-file-pdf\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the Press Release<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d12053 elementor-widget elementor-widget-image\" data-id=\"7d12053\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"673\" height=\"960\" src=\"https:\/\/hydrogencouncil.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-16-at-10.29.15.png\" class=\"attachment-medium_large size-medium_large wp-image-9738\" alt=\"\" srcset=\"https:\/\/hydrogencouncil.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-16-at-10.29.15.png 673w, https:\/\/hydrogencouncil.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-16-at-10.29.15-210x300.png 210w, https:\/\/hydrogencouncil.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-16-at-10.29.15-8x12.png 8w\" sizes=\"(max-width: 673px) 100vw, 673px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The 2023 Update of Global Hydrogen Flows from the Hydrogen Council and McKinsey &#038; Company assesses how global hydrogen trade flows could evolve. <\/p>\n","protected":false},"author":5,"featured_media":9772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131,132,133,125,134,116,75,135,136,130,115,137,114,127],"tags":[146],"class_list":["post-9736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa-region-intelligence","category-asia-pacific-region-intelligence","category-central-south-america-region-intelligence","category-cost","category-europe-region-intelligence","category-format-intelligence","category-intelligence","category-middle-east-region-intelligence","category-north-america-region-intelligence","category-production-subject-matter-intelligence","category-region-intelligence","category-report-format-intelligence","category-subject-matter-intelligence","category-trade-subject-matter-intelligence","tag-report"],"acf":[],"yoast_head":"<!-- This site is optimized 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