The worldwide capacity of electrolyzers is forecast to reach 3,075 gigawatts by 2050. Between 2030 and 2050, the global electrolyzer capacity is projected to increase by more than six-fold.
Electrolyzers produce hydrogen by breaking down water into its constituent parts in a process known as electrolysis. As electrolysis requires electricity, an electrolyzer powered by renewable energy would thus produce green hydrogen.
Forecast capacity of electrolyzers worldwide from 2030 to 2050
(in gigawatts)
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DNV. (June 14, 2022). Forecast capacity of electrolyzers worldwide from 2030 to 2050 (in gigawatts) [Graph]. In Statista. Retrieved November 07, 2024, from https://www.statista.com/statistics/1320649/worldwide-electrolyzer-capacity-outlook/
DNV. "Forecast capacity of electrolyzers worldwide from 2030 to 2050 (in gigawatts)." Chart. June 14, 2022. Statista. Accessed November 07, 2024. https://www.statista.com/statistics/1320649/worldwide-electrolyzer-capacity-outlook/
DNV. (2022). Forecast capacity of electrolyzers worldwide from 2030 to 2050 (in gigawatts). Statista. Statista Inc.. Accessed: November 07, 2024. https://www.statista.com/statistics/1320649/worldwide-electrolyzer-capacity-outlook/
DNV. "Forecast Capacity of Electrolyzers Worldwide from 2030 to 2050 (in Gigawatts)." Statista, Statista Inc., 14 Jun 2022, https://www.statista.com/statistics/1320649/worldwide-electrolyzer-capacity-outlook/
DNV, Forecast capacity of electrolyzers worldwide from 2030 to 2050 (in gigawatts) Statista, https://www.statista.com/statistics/1320649/worldwide-electrolyzer-capacity-outlook/ (last visited November 07, 2024)
Forecast capacity of electrolyzers worldwide from 2030 to 2050 (in gigawatts) [Graph], DNV, June 14, 2022. [Online]. Available: https://www.statista.com/statistics/1320649/worldwide-electrolyzer-capacity-outlook/
