Competitive production and infrastructure critical to win hydrogen race, report says

A report from the International Renewable Energy Agency (IRENA) has said that competitive production and infrastructure are critical to win the ‘hydrogen race’.

The report, Global hydrogen trade to meet the 1.5oC climate goal, has said that 25% of global green hydrogen demand could be satisfied with international trade through pipelines and ships.

IRENA has predicted investments needed for global hydrogen production and infrastructure could reach up to $4 trillion between 2020 and 2050.

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