Economic Potential of DACCS and Global CCS Progress
STATUS
OPERATIONAL
IN CONSTRUCTION
10
15
20
20
25
30
35
55
TOTAL
ADVANCED DEVELOPMENT
EARLY DEVELOPMENT
FIGURE 23: NUMBER OF HYDROGEN PRODUCTION FACILITIES WITH CCS BY DEVELOPMENT STATUS³ [3]
3 Includes hydrogen produced in synthesis gas
[39]
40
40
45
While production of blue hydrogen can
ramp up relatively quickly, this is contingent
on there being sufficient demand to justify
the investment. The cost of clean hydrogen
is a significant factor in creating demand.
Hydrogen must compete with conventional
fossil energy, which is relatively low cost
and enjoys all the benefits of incumbency
(for example, distribution infrastructure,
supply chains, and mature utilisation
technologies). Creating demand for clean
hydrogen requires policy that creates
value from the emission abatement it
provides, as well as significant investment
in hydrogen production, storage and
distribution infrastructure. Governments
have recognised this; the IEA reports
that 15 national governments plus the
European Union have adopted national
hydrogen strategies, almost all with
targets and funding (4). Nine of those
national strategies, and the European
Union strategy, include blue hydrogen.
GLOBAL CCS
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