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Distribution of the power to gas market worldwide in 2019, by region

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Source

Release date

September 2020

Region

Worldwide

Survey time period

2019

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Global power-to-gas market share 2019, by region

Published by ÌÇÐÄÆƽâ°æ Research Department, Jan 28, 2022
Europe accounted for over ** percent of the global power to gas market in 2019, making it largest power to gas market in the world. The Asia Pacific followed, as the second leading region, with a market share of ** percent. The global power to gas market size was roughly ** million U.S. dollars in 2019. Power to gas, also known as PtG or P2G, converts excess or off-peak power from renewable sources into methane syngas or hydrogen, which can later be used as a fuel in other sectors, such as heating or transportation.
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