Electrolyser manufacturing capacity is ramping up
Green hydrogen could meet ‘most’ of 2050 demand
Recent announcements on gigafactory construction have led to optimism over longer-term deployment, Rethink Energy says
Hydrogen demand will have grown tenfold by 2050, to 735mn t/yr, with almost all of this volume being produced using electrolysis, according to a new analysis by research firm Rethink Energy. The forecast falls towards the upper range of scenarios outlined by other organisations, which estimate 300-800mn t/yr of demand by 2050 depending on future policy, sectoral strategies and the degree to which countries are able to achieve their Nationally Determined Contributions to the Paris Agreement. 735mn t/yr – 2050 hydrogen demand foreseen by Rethink Energy The Rethink Energy analysis differs from those of other organisations in that it envisions a much higher ratio of green hydrogen to blu
Also in this section
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
4 December 2024
European Hydrogen Bank’s second auction opens amid uncertainty over green hydrogen sector’s near-term prospects
4 December 2024
Chinese developers are latest to enter the fray as country’s pipeline of green hydrogen projects implies potential investment of $28b by end of decade
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
