Making the Hydrogen Economy Possible: Accelerating Clean Hydrogen in an Electrified Economy
Abstract
In its new report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC outlines the role of clean hydrogen in achieving a highly electrified net-zero economy. The report sets out how a combination of private-sector collaboration and policy support can drive the initial ramp up of clean hydrogen production and use to reach 50 million tonnes by 2030.
Clean hydrogen will play a complementary role to decarbonise sectors where direct electrification is likely to be technologically very challenging or prohibitively expensive, such as in steel production and long-distance shipping. The report highlights how critical rapid ramp-up of production and use in the 2020s is to unlock cost reductions and to make mid-century growth targets achievable.
This report is part of the ETC’s wider Making Mission Possible Series – a series of reports outlining how to scale up clean energy provision within the next 30 years to meet the needs of a net-zero greenhouse gas emissions (GHG) economy by mid-century. The reports in the series analyse and set out specific actions required in the next decade to put this net-zero by 2050 target within reach.