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    Home > Chemicals Industry > International Chemical > Global hydrogen demand may increase 6 times by 2050

    Global hydrogen demand may increase 6 times by 2050

    • Last Update: 2021-11-13
    • Source: Internet
    • Author: User
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    Sinochem News reported on October 28, according to Hydrocarbon Processing News, Verisk’s Wood Mackenzie said that the time is ripe for the world’s major energy exporting countries to accelerate the energy transition, and it may make a difference to master the hydrogen trade


    By 2020, the global energy market will be worth 2 trillion U.


    Prakash Sharma, head of research at Wood Mackenzie, said: "Global energy trade will experience the most severe disruption since the 1970s, and OPEC will rise


    "In addition to investing in renewable energy to reduce emissions and enhance energy security, countries and industries are now looking for electricity-based fuels and raw materials, and hydrogen may become a rule changer


    Wood Mackenzie predicts that according to its energy transition outlook and accelerated energy transition (AET) program, from now to 2050, the global demand for hydrogen will increase by 2 to 6 times


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