Newly installed electrolysis capacity, in billions of US dollars
Hydrogen plays a central role in the energy transition for industry, mobility, and electricity storage. As a result, so does electrolysis, which enables the production of the gas from renewable sources. Between 2021 and 2024, global investment in electrolyzers increased 22-fold. This underlines the growing political and industrial will to make hydrogen technologies ready for the market.
Investments in hydrogen electrolyzers from 2021 to 2022