In order to reach the basic materials industry's net-zero emissions goal by 2050, an increase of the clean hydrogen capacity is required. The steel industry alone would need a clean hydrogen capacity of 70 million tons of H₂ per year, while the aluminum industry would require some 10 million tons of clean H₂ per year to reach the net-zero target by 2050.
Required clean hydrogen capacity for net-zero basic materials industry worldwide by 2050, by segment
(in million tons H₂ per year)
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World Economic Forum. (November 28, 2023). Required clean hydrogen capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons H₂ per year) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1326465/global-clean-hydrogen-capacity-net-zero-industry/
World Economic Forum. "Required clean hydrogen capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons H₂ per year)." Chart. November 28, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1326465/global-clean-hydrogen-capacity-net-zero-industry/
World Economic Forum. (2023). Required clean hydrogen capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons H₂ per year). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1326465/global-clean-hydrogen-capacity-net-zero-industry/
World Economic Forum. "Required Clean Hydrogen Capacity for Net-zero Basic Materials Industry Worldwide by 2050, by Segment (in Million Tons H₂ per Year)." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/1326465/global-clean-hydrogen-capacity-net-zero-industry/
World Economic Forum, Required clean hydrogen capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons H₂ per year) Statista, https://www.statista.com/statistics/1326465/global-clean-hydrogen-capacity-net-zero-industry/ (last visited January 08, 2025)
Required clean hydrogen capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons H₂ per year) [Graph], World Economic Forum, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/1326465/global-clean-hydrogen-capacity-net-zero-industry/
