Green Hydrogen
Driving the transition towards green hydrogen
Clean hydrogen will be a key component in solving the global carbon issue as it is required to decarbonize hard-to-abate sectors such as steel, ammonia and refineries.
The global green hydrogen market is expected to grow significantly over the next decade. According to the IEA, the number of announced projects for low-emission hydrogen production is rapidly expanding. Annual production of low-emission hydrogen could reach 38 Mt in 2030, if all announced projects are realised, although 17 Mt come from projects at early stages of development.
Nevertheless, the sector is still in a nascent stage and business success is not a given. In order to seize the emerging opportunity, a deep understanding of the whole ecosystem including the value chain, economics, regulations and technologies is a must. A sober, unbiased and comprehensive assessment is required to avoid getting involved in technologies or green hydrogen use cases not competitive to low carbon alternatives (e.g., heating and battery EVs) – and to focus on today’s and the future’s winning business models of the emerging hydrogen economy.
Our services
Transaction Advisory
Strategy Consulting
How we help
Apricum offers a wide range of strategy and transaction advisory services for clients along the entire green hydrogen value chain, including overall business model and strategy development, go to market support, supply economics assessments, product design strategies, M&A and due diligences.
Who we help
Electrolyzer (component) manufacturers
Manufacturers of components along the value chain
Project developers
Offtakers
Investment and private equity firms
EXPLORE OUR green hydrogen news
Key electrolyzer technologies and their role in the future green hydrogen project landscape
Market Overview
The demand for hydrogen reached a historical high of 95 million tons (Mt) in 2022, driven largely by traditional applications in industry and refining. However, low-emission hydrogen still accounts for less than 1% of total hydrogen demand, with significant growth needed to meet climate goals.
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Production and costs
Electrolyzer costs are expected to decrease by approximately 70% over the next decade due to technological advancements and scaling up production, although recent material cost increases pose a risk to these cost declines.
Future Projections
By 2030, hydrogen demand is expected to reach 150 Mt, with substantial increases in industry and transport applications. Production from low-emission electricity needs to grow from the current 1 Mt to 70 Mt by 2030
Transaction and strategic expertise in green hydrogen markets and technologies
Florian Mayr
Partner and head of Green hydrogen practice
“Green hydrogen, applied in the right way, will be a crucial piece of the decarbonization puzzle. For various hard-to-abate industrial sectors, means of transportation and long duration energy storage there are no real alternatives for reducing greenhouse gas emissions. Vast business opportunities exist for players who understand both opportunities and challenges in green hydrogen and avoid betting on the wrong horses”
Who we engage with in the green mobility ecosystem
