25 Jun 2024 | 15:12 UTC
Infographic: The future of low-carbon hydrogen trade flows
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An emerging global market for low-carbon hydrogen and derivatives like ammonia, underpinned by early supply contracts and trial shipments, indicates potential future trade flows. Production is concentrated in low-cost hubs in the Middle East, Australia, the US and India, targeting demand centers in Europe, Japan and South Korea, driven by energy and climate policies. Exporters are seeking credit-worthy offtakers to secure financing, but non-binding agreements currently dominate deal-making.
Related feature: Low-carbon hydrogen trade front-runners test waters with early shipments (subscriber content)
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