1、Global Hydrogen Flows-2023 UpdateConsiderations for evolving global hydrogen tradePublished in November 2023 by the Hydrogen Council.Copies of this document are available upon request or can be downloaded from our website:http:/This report was authored by the Hydrogen Council in collaboration with M

2、cKinsey&Company.The reproduction of this work,save where otherwise stated,is authorised,provided the source is acknowledged.All rights are otherwise reserved.The authors of the report confirm the following:1.There are no recommendations,measures,or trajectories within the report that could be interp

3、reted as standards or as any other form of(suggested)coordination between the participants of the study referred to within the report that would infringe the EU competition law.2.It is not their intention that any such form of coordination will be adopted.While the contents of this report and its ab

4、stract implications for the industry can be discussed generally once they have been prepared,individual strategies remain proprietary and confidential and are the responsibility of each participant.Participants are reminded that,as part of the invariable practice of the Hydrogen Council and the EU c

5、ompetition law obligations to which membership activities are subject,such strategic and confidential information must not be shared or coordinatedincluding as part of this report.2Global Hydrogen Flows-2023 Update Hydrogen Council,McKinsey&CompanyHydrogen and its derivatives will play a central rol

6、e in decarbonization and global trade will be critical for driving uptake.This was the key finding of Global Hydrogen Flows,a joint report of the Hydrogen Council and McKinsey&Company published in 2022.It highlighted the inability of major future hydrogen demand regions,including Europe,Japan,and So