Objective factors and policies of countries affecting hydrogen market development

  • Pham Ba Nam Vietnam Petroleum Institute
  • Nghiem Thi Ngoan Vietnam Petroleum Institute
  • Dao Minh Phuong Vietnam Petroleum Institute
  • Nguyen Thi Lan Oanh Vietnam Petroleum Institute
  • Ta Hien Trang Vietnam Petroleum Institute
  • Tran Linh Chi Vietnam Petroleum Institute
Keywords: Hydrogen, market, policy, strategy


By 2050, blue hydrogen (produced by SMR method using CCS technology to capture CO2) will make up about 18% of hydrogen supply, whilst green hydrogen from solar power will account for 16%, from onshore wind power 16% and offshore wind power 9%. Global hydrogen demand is forecasted to increase to about 150 million tons by 2040 [1]. The article analyses the objective factors (i.e. size and structure of the economy, technological and social barriers) and policies of countries that affect hydrogen market development.


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How to Cite
Pham , B. N., Nghiem , T. N., Dao, M. P., Nguyen, T. L. O., Ta, H. T., & Tran, L. C. (2021). Objective factors and policies of countries affecting hydrogen market development . Petrovietnam Journal, 12, 70 - 82. https://doi.org/10.47800/PVJ.2021.12-07