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Hydrogen imports experienced a significant increase, reaching a value of $6.1M in July 2023.
In October 2022, the hydrogen price amounted to $1.6 per cubic meter (CIF, Spain), picking up by 57% against the previous month.
In July 2022, the hydrogen price stood at $190 per thousand cubic meters (FOB, Canada), standing approximately at the previous month.
Increasingly stringent environmental legislation and the emergence of new gigawatt-scale electrolyzers indicate that hydrogen fuel boasts the future potential to develop as a strong competitor to traditional energy resources.
The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...
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