Hydrogen
Overview
Hydrogen is an increasingly important piece in the decarbonisation puzzle. Industrial players are seeking ways to take carbon emissions out of their hydrogen production processes, while green hydrogen producers see the gas as a viable outright alternative to hydrocarbons.
Future production routes range from methane reformation with carbon capture to pyrolysis, waste gasification and electrolysis, powered by renewable energy or fossil fuels. Combinations of processes and energy being used to produce hydrogen presents existing users of industrial heat and key chemicals a challenging landscape to navigate.
The Argus Hydrogen and Future Fuels service has been designed to provide industrial power, chemicals and energy users with crucial information to help them make well informed decisions. It covers the upstream for projects, midstream for transportation and storage, and downstream for ammonia and methanol. It also covers the latest technological developments and policy news on hydrogen from across the globe.
Latest hydrogen news
Browse the latest market moving news on the global hydrogen industry.
Cop: Sustainable fuels pledge support could grow: Engie
Cop: Sustainable fuels pledge support could grow: Engie
Belem, 7 November (Argus) — A global effort to quadruple the global output and use of sustainable fuels by 2035 will eventually gain significantly greater international backing and provide a boost to energy transition efforts, Engie chairman Jean-Pierre Clamadieu said on Friday. The "Belem 4x" pledge, which Brazil proposed in September , has so far attracted support from only three other countries — Italy, Japan and India. But Clamadieu said he expects at least another 20-30 countries to join because of the role sustainable fuels can play in decarbonising the economy. "I think everyone will wait a bit before signing, because people want to study to make sure that all the aspects have been taken into account. But again, I think this pledge will have a big success," he told reporters on the sidelines of a world leaders' summit being held ahead of the UN Cop 30 climate talks, which start on 10 November in Belem, northern Brazil. The Brazilian government has said global collaboration is needed to meet the Belem 4x goal and will help lower existing barriers, such as high costs, the lack of clear demand signals and the need for investment in new infrastructure. The pledge's goal is to use sustainable fuels and other technologies to help reduce greenhouse gas (GHG) emissions from electricity generation and from hard-to-abate sectors such as aviation, maritime transport and the cement and steel sectors. "We won't be able to decarbonise if we don't have green molecules that can be used as fuel," Clamadieu. The focus on sustainable fuels is a natural complement to the pledge to triple renewable energy by 2030 that 118 countries signed on to at Cop 28 in Dubai in 2023, according to Clamadieu. "I think it's really it's a bit of a missing piece today, when you look at energy transition," he said. "What was really missing in this Dubai commitment was this issue of green molecules." By Michael Ball Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Can Cop summit help industry restore H2 momentum?
Can Cop summit help industry restore H2 momentum?
Brazil's renewable resources, sound economy and supportive policies could make it a powerful advocate for green H2, writes Pamela Machado Paris, 4 November (Argus) — The Cop 30 UN climate summit kicks off in a few days in Brazil against a backdrop of slowing global energy transition momentum and outright hostility from US president Donald Trump's administration to policies aimed at tackling climate change. Hydrogen has not been immune to these trends. Recent Cop summits have given the industry a platform to showcase its decarbonisation potential, but hydrogen is expected to receive a more modest hearing when delegates gather in Belem, reflecting the more downbeat global mood and the industry's slow development. This year has seen nothing like the level of final investment decisions (FIDs) for hydrogen projects that was anticipated at the start of 2025, as a combination of familiar issues — policy uncertainty, infrastructure bottlenecks and difficulties securing offtake agreements — have hindered progress for many schemes. The hydrogen sector is going through an "era of maturation and is moving from ambition to delivery — a transition similar to what solar, wind and battery industries have gone through as well", says Ivana Jemelkova, chief executive with lobby group the Hydrogen Council. This phase is "inevitably paired with attrition", Jemelkova tells Argus, with only projects demonstrating "the strongest business cases" able to line up enough financing and support to move forward. But Cop still offers an opportunity, she says — the "perfect place to advance practical solutions" to address challenges with mechanisms such as contracts-for-difference (CfD), national mandates and to set up "alliances to aggregate demand in sectors like fertilisers". Countries with renewable power potential — particularly emerging economies — have also used recent Cop summits to unveil clean hydrogen production ambitions, but momentum has slowed this year in regions such as Latin America and sub-Saharan Africa as companies have scaled back production goals and import ambitions . Emerging talent This is another area where Cop offers a chance for revival, Jemelkova argues. "As of 2025, 65 ... countries have a hydrogen strategy, of which 29 are emerging economies," she says. "This year's update of nationally determined contributions provides an opportunity to set detailed hydrogen targets." So far, there have been few signs that hydrogen will play a greater role in countries' plans, however, and the focus might lie elsewhere, given the sector's slower-than-expected progress. Brazil has used its presidency to promote hydrogen for clean industrialisation. It has announced several funding schemes, partnering with international bodies, including UN industrial development organisation Unido and the Green Climate Fund over the last year. But these initiatives have yet to yield any FIDs. International non-profit industry decarbonisation programme Industrial Transition Accelerator (ITA) chose Brazil as its first focus country because it combined government ambition, economic fundamentals and a promising project pipeline. ITA is working with 15 projects in Brazil and had hoped that some of these would reach FID ahead of the summit, but none is now expected this year. While projects reaching FID "would be a powerful symbolic accomplishment, if they cannot quite do so in time for the event, it is not a fundamental cause for concern", ITA says, as the programme's goal "is not just about individual FIDs", but also about overcoming systemic obstacles, such as high financing costs. Brazil's broader agenda as Cop president has included a pledge for nations to increase production and adoption of sustainable fuels, which seems likely to emphasise biofuels more than hydrogen-based alternatives. But planned Cop talks on increasing renewable power generation and integrating carbon markets into a global system should promote the uptake of hydrogen and derivatives, even if indirectly. Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
EU grants €2.9bn in ETS innovation funding
EU grants €2.9bn in ETS innovation funding
Brussels, 3 November (Argus) — The European Commission has announced grants of €2.9bn to 61 net zero decarbonisation projects using revenues from the bloc's emissions trading system (ETS). The commission said the projects will cut some 221mn t of CO2 equivalent in their first decade of operation. A total of 10 projects were selected for large-scale decarbonisation grants totalling €1.26bn, five in cement and lime, three in refineries, one in chemicals and one projected for carbon capture and storage (CCS) infrastructure. A further 19 medium-scale projects, with a capital expenditure of €20mn-100mn, received a total of €459mn. Cleantech manufacturing funding was also awarded for 12 projects in renewables, energy storage, heat pumps and hydrogen production, with a total budget of €775mn. And 23 projects received €1bn for decarbonising transport, including 10 projects for sustainable fuel production, with €153mn for four electro-sustainable aviation fuel projects, €251mn for three e-methanol maritime projects and €78mn for e-ethanol, biodiesel and bioLNG. More than 270 projects have received a cumulative €15.6bn under the innovation fund to date. A further call is expected in December. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Australia launches guarantee of origin scheme
Australia launches guarantee of origin scheme
London, 3 November (Argus) — The Australian government has today formally launched its guarantee of origin (GOO) scheme, a voluntary framework to track emissions associated with certain products as well as consumption of renewable electricity. Businesses can now register with the Clean Energy Regulator (CER) for two types of certificates. Product guarantees of origin (PGOs) will account for emissions arising from the production, transport and storage of products, starting from green hydrogen and later expanding to green metals, low-carbon liquid fuels and biomethane. Renewable guarantees of origin (Regos) will enable organisations to certify the use of power from renewable sources on a voluntary basis. The announcement follows a consultation on the new framework first opened in 2023 and an initial plan for it to be launched on 1 January 2025. Funding for the programme was then increased to A$70.4mn ($47.5mn) in May 2024, and its start date moved to the second half of 2025 . The Future Made in Australia Bill introduced in 2024 formally established the PGO and Rego schemes and the government consulted on using PGO certificates to track hydrogen and derivatives earlier this year. A difficult coexistence? Regos will eventually replace the existing large-scale generation certificates (LGCs), which will come to an end on 31 December 2030 along with mandatory renewable energy targets for liable entities. Until then, they "will overlap with the Renewable Energy Target (RET) certification scheme for five years, providing long-term certainty for renewable electricity investment and procurement", the Australian government said today. LGC prices have been on a downtrend this year, because supply has outstripped demand, with spot contracts falling from above A$30/MWh ($20/MWh) at the start of 2025 to around A$10/MWh at the end of September, according to the CER. And the price curve has overall been in steep backwardation as the RET approaches its 2030 end. Spot LGC trades were concluded at A$9.80/MWh on 31 October, with calendar year 2030 trading at A$4.75/MWh on the same day. The demand outlook for Regos looks unclear in the short-term, while they co-exist with the compliance-based LGC system, and in the longer term, once the market becomes fully voluntary after 2030, some market participants told Argus . For producers, while the option will be there in the next five years to issue either type of certificate, "it is expected LGCs will be preferred over REGOs […] as LGCs can be used for both RET obligations and voluntary surrenders, while Regos cannot be surrendered under the LRET", the CER said in its June quarterly report. An exception could be the use of time stamping, since Regos will carry additional temporal information down to the hour of power generation or dispatch. Regos can also be issued for "below-baseline" generation from facilities commissioned before 1997 — currently excluded from LGC certification — subject to restrictions, as well as for electricity exports. The panel tasked to review the National Electricity Market (NEM) earlier this year proposed a centralised mechanism to purchase Regos through auctions and contracts for difference (CfDs) based on Rego prices, in order to provide certainty for project developers around potential revenue streams. By Giulio Bajona Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Spotlight content
Browse the latest thought leadership produced by our global team of experts.
Global Hydrogen Outlook 2025
On Demand Webinars - 31/10/25Global Hydrogen Mid-year Outlook 2025
Insight papers - 08/05/25UK hydrogen subsidies: Examining the HAR2 short list and recent progress
This Insight Paper compiles Argus’ key coverage and analysis of the UK’s Hydrogen Allocation Round (HAR) competition for subsidies.
Explore our hydrogen and related products
Real time access to trusted cost benchmarks, critical market data and analytics, in-depth analysis, and the latest market news. Argus Hydrogen and Future Fuels service is relied upon by intensive users of energy, governments, banks, regulators, exchanges and many other organisations as source of reliable and unique insights into the global hydrogen sector.
