In his introduction to this report, Remi Eriksen, Group president and CEO of DNV, writes as follows:
Welcome to DNV’s first standalone forecast of hydrogen in the energy transition through to 2050. While there are ambitious statements about the prominent role that hydrogen could play in the energy transition, the amount of low-carbon and renewable hydrogen currently being produced is negligible.
That, of course, will change. But the key questions are, when and by how much? We find that hydrogen is likely to satisfy just 5% of global energy demand by 2050 — two thirds less than it should be in a net zero pathway. Clearly, much stronger policies are needed globally to push hydrogen to levels required to meet the Paris Agreement. Continue reading “DNV’s published a forecast and insight about the development and role of hydrogen in the energy transition”