Promising market for the pioneers
The Hydrogen Backbone opens the green hydrogen market by ensuring its large-scale availability.
Around 5,000 km of hydrogen pipelines operate globally, mainly in the U.S. and Europe, connecting refineries and chemical complexes under constant loads. The challenge is that the fragmented network can't efficiently provide industries with enough green hydrogen. By 2030, the Hydrogen Backbone, a large-scale regional and international hydrogen transport infrastructure, will transform the landscape. The network will distribute hydrogen from the production sites near renewable energy sources to industrial hubs, power plants, and transit networks as a foundation for the green hydrogen economy.
Building the essential infrastructure, including the Hydrogen Backbone for transportation, takes years, but so does constructing green hydrogen plants. Early action positions the producers ahead of the curve, enabling them to meet the accelerating sustainability demands. For those interested in harnessing the possibilities of green hydrogen production, the time to act is now.
The Hydrogen Backbone opens the green hydrogen market by ensuring its large-scale availability.
Using the network, industries like steel, chemicals, and heavy transportation, requiring massive and consistent energy sources, can quickly adopt green hydrogen.
Governments and businesses will likely invest in hydrogen production and related technologies, knowing the pipeline infrastructure will support a sustainable market.
According to McKinsey, clean hydrogen demand is projected to increase to between 125 and 585 Mtpa by 2050, driven by growing demand from industries and governments aiming for net-zero targets.
Soon, green hydrogen will be sold as electricity or natural gas is sold today. According to Global Hydrogen Review 2024, the upcoming hydrogen pipelines will be regulated according to the European Union's standard Regulated Asset Base model, allowing operators to obtain a guaranteed return on investment for enabling third-party access to their infrastructure.
Andreas Rupieper, VP Strategy and Business Development, P2X, ANDRITZ
ANDRITZ responds to the urgent need for the steel industry's decarbonization and green transition. We provide holistic and integrated P2X plants enabling the production of green hydrogen — ranging from consulting to EPC projects with full performance guarantees. Our long-term service agreements are based on our proprietary digital solution.
ANDRITZ's solutions include