The global hydrogen market is witnessing a transformative shift with the emergence of pink hydrogen, produced through electrolysis powered by nuclear energy. Pink hydrogen offers a low carbon intensity solution due to nuclear energy's minimal direct CO2 emissions. The market is poised for substantial growth, with predictions indicating a value exceeding USD 238 billion by 2033, driven by expanding nuclear infrastructure and electrolysis technologies. Global initiatives emphasize the importance of hydrogen, with the EU investing billions in hydrogen technologies and France allocating significant funds for pink hydrogen production. Collaborations between industry leaders like EDF Group and Areva H2Gen are crucial in advancing pink hydrogen technology. Furthermore, the US DOE's investment in next-gen electrolyzers and countries like Canada and Japan exploring pink hydrogen highlight the global momentum towards sustainable hydrogen solutions. Pink hydrogen's high capacity factor, cost advantages over green hydrogen, and potential to reduce emissions make it a promising contender in the clean energy transition.