Considering all low-carbon hydrogen projects worldwide, only 13 percent were tied to a binding offtake agreement, as of 2023. By comparison, more than 40 percent of such projects had not yet entered buyer discussions.
Distribution of low-carbon offtake agreements worldwide as of 2023, by type
* Refers to agreements with term sheets, letters of intent, heads of agreement. Only projects with a capacity of more than 20 megawatts/2,800 metric tons per year were considered.
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BloombergNEF. (November 13, 2023). Distribution of low-carbon offtake agreements worldwide as of 2023, by type [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1464347/low-carbon-hydrogen-offtake-agreement-share-by-type/
BloombergNEF. "Distribution of low-carbon offtake agreements worldwide as of 2023, by type." Chart. November 13, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1464347/low-carbon-hydrogen-offtake-agreement-share-by-type/
BloombergNEF. (2023). Distribution of low-carbon offtake agreements worldwide as of 2023, by type. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1464347/low-carbon-hydrogen-offtake-agreement-share-by-type/
BloombergNEF. "Distribution of Low-carbon Offtake Agreements Worldwide as of 2023, by Type." Statista, Statista Inc., 13 Nov 2023, https://www.statista.com/statistics/1464347/low-carbon-hydrogen-offtake-agreement-share-by-type/
BloombergNEF, Distribution of low-carbon offtake agreements worldwide as of 2023, by type Statista, https://www.statista.com/statistics/1464347/low-carbon-hydrogen-offtake-agreement-share-by-type/ (last visited January 08, 2025)
Distribution of low-carbon offtake agreements worldwide as of 2023, by type [Graph], BloombergNEF, November 13, 2023. [Online]. Available: https://www.statista.com/statistics/1464347/low-carbon-hydrogen-offtake-agreement-share-by-type/
