China and India expected to be major green hydrogen producers by mid-century
China and India take diverging paths in green hydrogen transition
A focus on energy security drives differing focus on role of gas in hydrogen production, while both countries are expected to be major hubs for electrolyser manufacturing
China and India are expected to be major green hydrogen producers by mid-century, benefitting from existing demand for refining and fertilisers to provide anchor offtake. But differing concerns around energy security mean the two countries will take diverging paths to the transition. China and India consume a respective 20mn t/yr and 5mn t/yr of hydrogen, almost entirely produced from fossil fuels. While India has announced a target of 5mn t/yr of green hydrogen production by 2030, China has set a less ambitious goal of up to 200,000t/yr by 2025. Consultancy Wood Mackenzie forecasts China to be a global leader in green hydrogen by 2050, producing 46mn t/yr, but anticipates near-term developm
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