India, Sept. 22 -- Despite the uptick in demand, the transition to low-emissions hydrogen continues to lag behind. In 2024, hydrogen supply remained dominated by fossil fuels, consuming 290 billion cubic metres of natural gas and 90 Mt of coal equivalent.
Although, low-emissions hydrogen production grew by 10 per cent and is on track to reach 1 Mt in 2025, it still comprises less than 1 per cent of global production.
According to the International Energy Agency, Global Hydrogen demand climbed to nearly 100 million tonnes (Mt) in 2024, marking a 2 per cent increase from the previous year, in line with the overall rise in global energy consumption.
The growth was primarily fuelled by traditional uses in oil refining and industrial proces...
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