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According to the news of World Natural Gas on October 28, according to the news of the world natural gas, by 2030, the low-carbon hydrogen demand of British industry will reach 10 TWh, and by 2050, it will increase to 37 TWh
The Insight paper studies industries that currently consume hydrogen or are likely to increase the use of low-carbon hydrogen
By 2030, the low-carbon hydrogen demand of British industry will reach about 10 TWh
By 2050, this number may increase to 37 TWh
The largest demand (36 TWh) is expected to come from high-temperature industrial processes, where hydrogen will replace natural gas and other fossil fuels
Based on the capital expenditure value of electrolyzers and offshore wind energy provided by the British Department of Business, Energy and Industrial Strategy (BEIS) and the International Energy Agency (IEA), we estimate that the investment in establishing these infrastructures is approximately 23 billion pounds
Deva Devaraj, a modeling analyst at Cornwall Insight, said:
"British industry contributes 331 billion pounds (17%) to GDP and 18% of carbon emissions.
"Hydrogen is omnipotent; it can be used as a raw material, a reducing agent, and generate heat