Addressing global Net Zero ambitions will require a wide range of solutions from across industries, governments, and communities.1
The hydrogen industry is emerging as an important part of the solution set2, particularly in hard-to-abate industries that account for a notable percentage of global emissions3.
Worldwide hydrogen demand is expected to triple in size from 2023 to 2050.4,5,6 The industry presents significant economic opportunities, including job creation, technological innovation, and the development of new export markets for hydrogen and related technologies.
From the Americas to Asia, from Europe to the Middle East, nations are charting out hydrogen road maps7 to ensure that they have concrete plans to work this fuel into their energy mix.
2) Hydrogen Insights 2024 | Hydrogen Council
3) Hydrogen | UNECE
4) Key progress indicator: deployment of renewable and low-carbon hydrogen – Charts – Data & Statistics - IEA
5) Executive summary – Global Hydrogen Review 2023 – Analysis - IEA
6) Global Energy Perspective 2023: Hydrogen outlook | McKinsey
7) Hydrogen - IEA