Back to McKinsey Chart of the Day

Welcome to the hydrogen economy

Hydrogen could be a critical part of the journey to net zero, as it can be used in applications ranging from transportation to steelmaking. Around the globe, nearly 700 large-scale hydrogen projects have been announced, senior partner Bernd Heid and colleagues note. The projects represent up to $240 billion in direct investments.

More than 680 large-scale hydrogen projects have been announced globally, with a focus on production, industrial usage, transport, and infrastructure.
We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at:

To read the article, see “Five charts on hydrogen’s role in a net-zero future,” October 25, 2022.