Steel production is forecasted to become the greatest consumer of industrial hydrogen in Europe by 2040. Hydrogen could become a key player in decarbonizing the emission-intensive steel sector. Currently around 47 million tons of carbon dioxide are emitted during the production process, largely due to the use of coking coal in conjunction with iron ore. Using hydrogen instead of coke could help the sector to significantly reduce its carbon footprint. Assuming moderate economic growth across all sectors and adherence to governmental net zero targets, hydrogen demand within the steel sector could grow to 123 terawatt hours by 2050.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Agora Energiewende. (February 12, 2021). Forecasted demand for industrial hydrogen in Europe from 2020 to 2050, by sector (in terawatt hours) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1128001/europe-industrial-hydrogen-demand-by-sector/
Agora Energiewende. "Forecasted demand for industrial hydrogen in Europe from 2020 to 2050, by sector (in terawatt hours)." Chart. February 12, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1128001/europe-industrial-hydrogen-demand-by-sector/
Agora Energiewende. (2021). Forecasted demand for industrial hydrogen in Europe from 2020 to 2050, by sector (in terawatt hours). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1128001/europe-industrial-hydrogen-demand-by-sector/
Agora Energiewende. "Forecasted Demand for Industrial Hydrogen in Europe from 2020 to 2050, by Sector (in Terawatt Hours)." Statista, Statista Inc., 12 Feb 2021, https://www.statista.com/statistics/1128001/europe-industrial-hydrogen-demand-by-sector/
Agora Energiewende, Forecasted demand for industrial hydrogen in Europe from 2020 to 2050, by sector (in terawatt hours) Statista, https://www.statista.com/statistics/1128001/europe-industrial-hydrogen-demand-by-sector/ (last visited December 21, 2024)
Forecasted demand for industrial hydrogen in Europe from 2020 to 2050, by sector (in terawatt hours) [Graph], Agora Energiewende, February 12, 2021. [Online]. Available: https://www.statista.com/statistics/1128001/europe-industrial-hydrogen-demand-by-sector/
