The EU may need to produce more hydrogen
EU hydrogen demand larger than thought – Deloitte
Demand for hydrogen ramps up substantially over the 2030s and 2040s, according to Deloitte scenarios
Hydrogen demand may need to be triple that envisioned by the EU hydrogen strategy if the EU’s decarbonisation targets are to be successfully achieved, according to modelling by consultancy Deloitte. The firm used a model combining MIRET-EU and Integrate Europe—two partial-equilibrium models—to develop two decarbonisation scenarios for the region, both of which achieve climate neutrality by 2050. European hydrogen demand in both pathways exceeds 30mn t/yr by 2030, which is triple the current policy objective described in the EU hydrogen strategy. Demand for hydrogen ramps up substantially over the 2030s and 2040s and exceeds 100mn t /yr by 2050 in both pathways. 30mn t/yr – EU hydrogen
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
