In Summer 2019, the UK government announced it would strive towards becoming carbon neutral by 2050. A hydrogen and carbon capture and storage-led decarbonization would require capital investments of 160 billion British pounds until the mid century and see hydrogen demand climb to 735 terawatt hours per year. This would result in the capture of 197 million tonnes of carbon dioxide every year.
Key figures on economic effects of hydrogen and carbon capture and storage-led decarbonization in the United Kingdom in 2050, by level*
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Element Energy. (November 1, 2019). Key figures on economic effects of hydrogen and carbon capture and storage-led decarbonization in the United Kingdom in 2050, by level* [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1148097/economic-effect-decarbonization-uk/
Element Energy. "Key figures on economic effects of hydrogen and carbon capture and storage-led decarbonization in the United Kingdom in 2050, by level*." Chart. November 1, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1148097/economic-effect-decarbonization-uk/
Element Energy. (2019). Key figures on economic effects of hydrogen and carbon capture and storage-led decarbonization in the United Kingdom in 2050, by level*. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1148097/economic-effect-decarbonization-uk/
Element Energy. "Key Figures on Economic Effects of Hydrogen and Carbon Capture and Storage-led Decarbonization in The United Kingdom in 2050, by Level*." Statista, Statista Inc., 1 Nov 2019, https://www.statista.com/statistics/1148097/economic-effect-decarbonization-uk/
Element Energy, Key figures on economic effects of hydrogen and carbon capture and storage-led decarbonization in the United Kingdom in 2050, by level* Statista, https://www.statista.com/statistics/1148097/economic-effect-decarbonization-uk/ (last visited December 22, 2024)
Key figures on economic effects of hydrogen and carbon capture and storage-led decarbonization in the United Kingdom in 2050, by level* [Graph], Element Energy, November 1, 2019. [Online]. Available: https://www.statista.com/statistics/1148097/economic-effect-decarbonization-uk/
