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Hydrogen for Net-Zero

Hydrogen for Net-Zero A critical cost-competitive energy vector November 2021. Published in November 2021 by the Hydrogen Council. Copies of this document are available upon request or can be downloaded from our website: This report was authored by the Hydrogen Council in collaboration with McKinsey & Company. The authors of the report confirm that 1. There are no recommendations and / or any measures and / or trajectories within the report that could be interpreted as standards or as any other form of (suggested) coordination between the participants of the study referred to within the report that would infringe the EU competition law;. and 2. It is not their intention that any such form of coordination will be adopted. Whilst the contents of the Report and its abstract implications for the industry generally can be discussed once they have been prepared, individual strategies remain proprietary, confidential and the responsibility of each participant.

power generation (e.g., as dispatchable power generation and backup power). China, followed by Europe and North America, will be the largest hydrogen markets in 2050, together accounting for about 60% of global demand. Fulfilling this decarbonization role will require a large scale-up of clean hydrogen production in the coming decades ...

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