Hydrogen refuelling stations will see sixfold increase by 2030 — with almost half in China: analyst

Polly Martin | Source: Hydrogen Insight | Posted 05/27/2024

Only 1,068 hydrogen refuelling stations (HRSs) were built worldwide by the end of last year, but these numbers are set to skyrocket to 6,080 by 2030, according to data from market research firm Interact Analysis. China, which already accounts for 359 of today’s sites, is set to have 2,879 HRSs in operation by the start of next decade, or nearly half the global stations predicted by that year.

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Interact Analysis reports that the number of hydrogen refuelling stations (HRSs) globally is expected to increase from 1,068 to 6,080 by 2030, with China leading the way with 2,879 HRSs. The firm anticipates a total of 1,562 stations to be operational worldwide by 2025, with a shift towards more HRSs for commercial vehicles as opposed to passenger vehicles.

The growth in HRSs is attributed to more favorable policies globally, including China's target of 1,200 sites by next year and the EU's Alternative Fuels Infrastructure Regulation. Challenges facing HRS construction include high operational costs, the need for substantial capital investment, technological difficulties, strict safety regulations, and maintenance costs due to elevated hydrogen prices.

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Source Link: https://www.hydrogeninsight.com/transport/hydrogen-refuelling-stations-will-see-sixfold-increase-by-2030-with-almost-half-in-china-analyst/2-1-1649805

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Hydrogen refuelling stations will see sixfold increase by 2030 — with almost half in China: analyst

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