The European hydrogen market landscape
The hydrogen consumption in Europe has been estimated at approximately 8.23 Mt, reflecting an
average capacity utilisation rate of 73%. It’s worth highlighting that conventional hydrogen
production methods, encompassing reforming, by-product production from ethylene and styrene,
and by-product electrolysis, collectively yield 11.28 Mt of hydrogen capacity.
These conventional processes are distributed across 376 production facilities, constituting 99.9% of
the total production capacity in 2022.
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