Hydrogen as an Energy Carrier: An Evaluation of Emerging Hydrogen Value Chains

Some 3% of global energy consumption today is used to produce hydrogen. Only 0.002% of this hydrogen, about 1,000 tonnes per annum(i), is used as an energy carrier. Yet as this timely position paper from DNV GL indicates, hydrogen can become a major clean energy carrier in a world struggling to limit global warming.
The company’s recently published 2018 Energy Transition Outlook(1) projects moderate uptake of hydrogen in this role towards 2050, then significant growth towards 2100. Building on that, this position paper provides a more granular analysis of hydrogen as an energy carrier.