Our top takeaways from the World Hydrogen Summit

The World Hydrogen Summit, a key event for the global hydrogen industry, highlighted several critical trends and challenges facing the sector. As the hydrogen economy continues to develop, stakeholders grapple with regulatory uncertainties, infrastructure bottlenecks, and the complexities of securing long-term demand.  

Fill out the form at the top of the page to download a complimentary insight outlining all five of our top takeaways from the World Hydrogen Summit, or read on for a sample of just two of our takeaways: 

1. Sizing the market: regulatory clarity needed 

The implementation of RED III targets remains uncertain, with industry players calling for clearer regulatory frameworks. This is particularly crucial for blue hydrogen and ammonia projects, which face an evolving policy landscape. There's a potential risk of oversupply in the ammonia market if energy sector demand doesn't grow rapidly enough to absorb increasing production. 

A representative from Galp noted that while they're using RED III targets as a guideline, they're awaiting Portugal's transposition of the regulations into national law. The company believes their green hydrogen costs (€8-13/kg) could be competitive against potential penalties, highlighting the strategic considerations at play. 

2. Offtake and demand complexities persist 

Securing creditworthy offtakers for long-term contracts remains a significant hurdle for project developers. While many off-take agreements exist, they are often not publicly disclosed, creating a perception of limited demand. The aviation and marine sectors show potential, but are only expected to support substantial growth beyond the mid-2030s. 

BP representatives noted that hydrogen in mobility will likely start slowly from 2030, potentially accelerating by 2035. They stressed that supply chain constraints and lack of demand are major barriers, with a potential market enabler being an announcement from a truck OEM to start large-scale production. 

Read the rest of our top takeaways 

Fill out the form at the top of the page to download our full list of key takeaways from the event.  

Plus, sign up to Wood Mackenzie’s upcoming Hydrogen Conference (taking place 12th-13th November 2025) for more expert insights into the hydrogen landscape.