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the-2024-hydrogen-report
the-2024-hydrogen-report

The 2024 hydrogen report

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In January 2023, the US captive on-purpose hydrogen production capacity stood at approximately 2.9 million cubic feet per day (mmcf/d). This describes hydrogen produced on-site for immediate use in an industrial context.

According to the US Department of Energy (DOE), 68% of this capacity was utilized in petroleum processing. The 2023 capacity figure was stable compared with the previous two years, while production declined in other parts of the world. About 21% of the hydrogen produced was used in fertilizer manufacturing.

Hydrogen production in the US predominantly derives from steam methane reforming, which isolates and collects the hydrogen contained in natural gas streams.

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