The power to gas market worldwide was valued at 26.12 million U.S. dollars in 2019 and is projected to increase by nearly 76 percent by 2026, reaching 45.88 million U.S. dollars. Power to gas, also known as PtG or P2G, converts excess or off-peak power from renewable sources into methane syngas or hydrogen, which can later be used as a fuel in other sectors, such as heating or transportation.
Power to gas market size worldwide in 2019, with a forecast for 2026
(in million U.S. dollars)
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MRFR. (September 1, 2020). Power to gas market size worldwide in 2019, with a forecast for 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1286895/global-power-to-gas-market-size/
MRFR. "Power to gas market size worldwide in 2019, with a forecast for 2026 (in million U.S. dollars)." Chart. September 1, 2020. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1286895/global-power-to-gas-market-size/
MRFR. (2020). Power to gas market size worldwide in 2019, with a forecast for 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1286895/global-power-to-gas-market-size/
MRFR. "Power to Gas Market Size Worldwide in 2019, with a Forecast for 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1286895/global-power-to-gas-market-size/
MRFR, Power to gas market size worldwide in 2019, with a forecast for 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1286895/global-power-to-gas-market-size/ (last visited January 08, 2025)
Power to gas market size worldwide in 2019, with a forecast for 2026 (in million U.S. dollars) [Graph], MRFR, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1286895/global-power-to-gas-market-size/
