Did you know clean hydrogen demand is projected to increase to between 125 and 585 Mtpa by 2050? According to McKinsey’s Global Energy Perspective 2023 report, global clean hydrogen demand is projected to grow significantly by 2050. Infrastructure and technology advancements will need to scale up to meet projected demand. The good news is, we’re making a difference. Our focus is on unlocking energy independence for decentralised industrial and commercial operations – paving the way for emission-free, renewable power generation and storage. More details here https://hubs.ly/Q02j5Kx90
Across all levels of future clean power demand, kW to MW to GW, supply of Green Hydrogen is predicted to significantly fall short of demand, especially as we approach 2030-2040 clean energy targets, nationally and globally.
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9moQuote: ** Infrastructure scale-up and technology advancements could be critical: "The extent of the growth and advancement necessary to establish a hydrogen economy is not without precedent—historical adoption of natural gas in the European Union since the 1960s and 70s shows that it is possible to rapidly change an established energy system if the necessary competitiveness and support are in place."