The Power-to-gas market is estimated to be valued at US$ 33.96 Bn in 2023 and is expected to exhibit a CAGR of 12.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Power-to-gas involves the conversion of surplus renewable electricity into hydrogen or methane. This facilitates the storage of renewable energy in the form of gases and enables ... Read more

Power-to-gas technology facilitates the conversion of renewable electricity into hydrogen or methane gas that can be stored and distributed through the existing natural gas infrastructure. Power-to-gas systems allow surplus renewable energy to be stored for later use, enhancing the viability and flexibility of renewable resources. The global power-to-gas market is estimated to be valued at US$ 39.13 Bn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period ... Read more