Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050
Green Car Congress
JULY 4, 2023
To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. Demand is expected to initially build on the decarbonization of existing industrial uses of hydrogen (95 MtH 2 eq), most notably for fertilizer production.
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