Accelerating the hydrogen timeline

Ambitions for hydrogen are high and further elevated by every net-zero announcement. But policies and partnerships will be needed to significantly speed up development

Europe has led the way in the past 12 months in adopting net-zero carbon emission targets at national and EU levels. China, Japan, South Korea and others have already followed and similar targets are on the table in North America. Alongside this, we have seen a significant increase in hydrogen ambitions. The proliferation of net-zero targets is accelerating the realisation that the energy transition must go beyond energy efficiency and rapid growth in renewables. Fossil fuels will still be needed to supply half of the world’s energy in 2050, with natural gas the world’s largest energy source, according to DNV GL’s independent model of the world’s energy system to mid-century, Energy Transiti