In 2023, the production of hydrogen in the UK stood at 67.2 million cubic meters. As we move forward into the forecasted years, the data indicates a very marginal annual increase in hydrogen production, maintaining a nearly steady growth rate of approximately 0.01% year-on-year from 2025 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years remains similarly slight, reflecting a stagnation in significant production growth. These trends suggest stability rather than significant expansion in the hydrogen production sector.
Future trends to watch for:
• Integration of renewable energy sources to boost green hydrogen production.
• Government policy changes aimed at increasing hydrogen production efficiency.
• Technological advancements in electrolyzers to facilitate higher production rates.
• Potential market disruptions caused by alternative energy solutions or global supply chain factors.