Rising demand driven by road transport and maritime sectors
Hydrogen demand to grow rapidly – DNV
Paris Agreement targets are not achievable without a large-scale hydrogen economy, survey respondents say
World hydrogen demand is expected to increase to 24EJ/yr by 2050, with the road transport and maritime sectors accounting for nearly half of that demand, according to a new report from consultancy DNV. DNV’s figure is at the top end of demand scenarios foreseen by other reports. In comparison, the strong policy scenario in research firm BloombergNEF’s Hydrogen Economy Outlook foresees 27 EJ/yr (696mn t/yr) of demand by 2050, putting it at the top of the range of eight reports evaluated by the World Energy Council, a network of energy leaders and practitioners. Hydrogen demand growth is hard to predict as the industry is relatively small and its expansion is predicated on unknowns such as tec
Also in this section
6 January 2026
Shifts in government policy and rising power demand will shape the clean hydrogen sector as it attempts to gain momentum following a sluggish performance in 2025
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
