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Report predicts chemicals industry could represent nearly 50% of global green hydrogen demand by 2050
Report predicts chemicals industry could represent nearly 50% of global green hydrogen demand by 2050

Report predicts chemicals industry could represent nearly 50% of global green hydrogen demand by 2050

A new report has predicted that the chemicals industry could represent almost 50% of global green hydrogen demand in 2050.

The Planet Positive Chemicals report by Systemiq and the Centre for Global Commons at the University of Tokyo has suggested the surge in hydrogen demand, could see the industry play a ‘pivotal’ role in driving the scale-up for electrolyser production.

As part of the required energy transition, the report recognises that the energy system will need to build renewable energy sources to produce up to 12,000TWh for the chemical system by the mid-century, primarily to power green hydrogen production.

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