International trade will meet 25pc of hydrogen demand by 2050

Most demand will be met by local supply under 1.5°C scenario but ammonia shipping and pipelines will have significant role to play, says Irena

A quarter of the total global hydrogen demand in 2050—some 150mn t/yr—could be met through international trade under a scenario where global warming is limited to 1.5°C this century, according to the International Renewable Energy Agency (Irena). The other three quarters of hydrogen demand would be met with local supply under the scenario— which envisages hydrogen meeting 12pc of global energy demand by 2050. “This is a significant change from today’s oil market, where the bulk—about 74pc—is internationally traded, but it is similar to today’s gas market, of which just 33pc is traded across borders,” says the report, titled Global hydrogen trade to meet the 1.5°C climate goal. 12pc – G