Forecast global electrolyzer capacity 2030-2050
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.
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.
