Hydrogen for Net Zero - A Critical Cost-competitive Energy Vector
Abstract
The report “Hydrogen for Net Zero” presents an ambitious, yet realistic deployment scenario until 2030 and 2050 to achieve Net Zero emissions, considering the uses of hydrogen in industry, power, mobility, and buildings. The scenario is described in terms of hydrogen demand, supply, infrastructure, abatement potential and investments required, and then compared with current momentum and investments in the industry to identify the investment gaps across value chains and geographies.
The report is based on the technoeconomic data of cost and performance of hydrogen technologies provided by Hydrogen Council members and McKinsey & Company as well as the Hydrogen Council investment tracker, which covers all large-scale investments into hydrogen globally.
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