A recent report from GlobalData highlights the increasing significance of low-carbon hydrogen in the decarbonisation journey, with a major shift towards green hydrogen production. By 2030, it is projected that 83% of the low carbon hydrogen capacity will be generated from green hydrogen plants, showcasing the industry's transition towards cleaner energy sources. The remaining capacity is expected to be covered by blue hydrogen, while purple and turquoise hydrogen capacities are predicted to be minimal. Ravindra Puranik, an Oil and Gas Analyst at GlobalData, emphasized the pivotal role of low-carbon hydrogen in reducing emissions across various energy-intensive sectors. The energy density properties of hydrogen make it particularly promising for applications in transportation, such as marine and heavy vehicles. This has led to a surge in low-carbon hydrogen project announcements, with a significant portion in the feasibility stage, indicating a growing momentum towards sustainability. Several oil and gas companies have also joined the race towards establishing blue and green hydrogen plants to meet the expected demand by 2030. However, the report underlines the necessity of expanding the hydrogen distribution infrastructure on a larger scale, including the addition of new pipelines. This critical phase marks a crucial juncture for the global hydrogen economy's development, requiring collaborative efforts from industry players and policymakers to ensure a smooth transition towards a low-carbon future.