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Hydrogen Economy Q2 2021 Update

Runeel Daliah, Abhirabh Basu, Jinze Dai, and Christopher Robinson
September 27, 2021

In January 2017, a group of 13 CEOs and executives gathered in Davos, Switzerland, to launch the Hydrogen Council with an ambition to "position hydrogen among the key solutions for the energy transition." More than four years later, no one can argue that the initiative is anything but a resounding success. Whether you believe the frenzy is justified or overhyped, hydrogen is now top of mind for anyone with a stake in the global energy transition.

Using our news commentary feature, we have been tracking key developments in the hydrogen sector, covering more than 250 individual developments across the industry. These innovation-related events range from partnerships and investments to recent R&D and policies. Each news commentary includes information about the companies involved and our take on the development.

The news trend analysis is one of the main factors shaping the Lux Energy Team's hydrogen outlook for 2021 and beyond. In the below figure, we analyze the Q2 2021 activity in the hydrogen economy.

Figure analyzing the Q2 2021 activity in the hydrogen economy

We take a look back at the "Truly Disruptive" and "Very Important" developments over the past three months. In addition, we have selected the most read and discussed innovation-related events.

Generation

Heat and Power

Industry

Mobility

Storage and Transport

Policy and Strategy

2021 remains an eventful year for the hydrogen economy, with little indication that the momentum will simmer down anytime soon. Once again, it is no surprise that the bulk of the major announcements revolves around hydrogen generation, but government support is also significantly increasing, with billions of dollars allocated to the development of the hydrogen economy.

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