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Hydrogen Insights

Hydrogen Insights A perspective on Hydrogen investment, market development and cost competitivenessFebruary 2021 Hydrogen Insights Report 2021 Hydrogen Council, McKinsey & CompanyPublished in January 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 EU competition law; and2.

Contents Executive summary iii I. Introduction and methodology 2 — Hydrogen Insights is a leading global perspective on hydrogen 2 — The Hydrogen Insights report methodology 3 II. Deployment and investment 6 — Tremendous momentum exists, with over 200 H

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Hydrogen Insights

hydrogencouncil.com

The EU’s stricter CO2 targets for 2030 have supported the increase of carbon prices to USD 55/tCO2, and the UK government has committed to signing the world’s most ambitious climate change target into law: cutting 1990 emission levels by 78% by 2035.

  Cutting

Path to hydrogen competitiveness A cost perspective

hydrogencouncil.com

A path to hydrogen cost competitiveness 1 TCO defines the total costs incurred by a customer over the lifetime of using an application, including capital, operating, and financing costs. As public pressure is rising to limit global warming to 1.5 degrees Celsius, global leaders are grappling with how to best take on this unprecedented challenge.

  Path

Hydrogen

hydrogencouncil.com

Content Executive summary 7 Methodology 12 Our vision. The hydrogen economy in 2050. 14 Hydrogen is a central pillar of the energy transformation required to limit global

  Hydrogen

Hydrogen

hydrogencouncil.com

Hydrogen scaling up 8 On the demand side, too, hydrogen molecules are a critical complement to electrons in the challenge of far-reaching decarbonization.

  Hydrogen

Hydrogen

hydrogencouncil.com

Hydrogen scaling up 8 On the demand side, too, hydrogen molecules are a critical complement to electrons in the challenge of far-reaching decarbonization.

  Scaling, Scaling up

Hydrogen for Net-Zero

hydrogencouncil.com

emissions in 2030. By about 2030, hydrogen-powered vehicles (e.g., heavy-duty trucks, coaches, long-range passenger vehicles, and rail) could achieve cost parity with internal combustion engine (ICE) vehicles, leading to a significant scale-up. Given heavy payloads and long distances traveled, trucks account for the biggest share of the abatement.

  Internal, Engine, Combustion, Hydrogen, Internal combustion engine

Hydrogen for Net-Zero

hydrogencouncil.com

Demand for hydrogen and its cost- and carbon- cutting role ... aviation and maritime applications above and beyond biofuels where feedstock availability is ... Steel could account for about 4% of hydrogen demand in 2030 while driving nearly 20% of emissions reductions that year.

  Demand, Steel, 2003, Beyond

Policy review Policy Toolbox for Low Carbon and Renewable ...

hydrogencouncil.com

Jul 14, 2021 · end-use sectors can pave the way for the hydrogen economy. These policy tools help provide direction and market foresight to the industry. For example, as part of the implementation of the EU Hydrogen Strategy, the European Commission recently announced its …

  Policy, Hydrogen, Eu hydrogen

Roadmap towards

hydrogencouncil.com

Roadmap towards zero emissions. Hydrogen Council. 12. facts about the. complementary role of BEVs and FCEVs. Why a ‘combined world’ will be greener, faster and cheaper. Roadmap towards zero emissions. Hydrogen Council. 6. Hydrogen is the cheapest . option in some segments Getting from A to B with hydro-

  Roadmap, Hydrogen

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