An analysis by Wood Mackenzie foresees a significant milestone in the US hydrogen landscape, with the prediction of at least three major blue hydrogen projects reaching the final investment decision stage in 2025. These projects, collectively exceeding 1.5 million tonnes per annum, would elevate the US to the position of the world's largest blue hydrogen producer post-FID. The report also highlights the challenges facing green hydrogen, citing potential regulatory hurdles and competition from industries such as data centers. The analysis underscores the continued support for blue hydrogen, driven by mechanisms like the 45Q tax credit, which is expected to bolster project economics and facilitate both domestic consumption and international exports. Notably, the analysis points to the Trump administration's potential impact on decarbonization efforts, with concerns raised about the fate of climate provisions like the Inflation Reduction Act under a Republican presidency. The assessment emphasizes the need for developers to secure binding agreements to ensure the progression of hydrogen projects amidst evolving regulatory and policy landscapes.