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
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