BNEF Predicts Bright Future for Green Hydrogen

Wind Industry Profile of

Use of clean hydrogen can help address the toughest third of global greenhouse gas emissions by 2050, but only if net-zero emission goals and policies are set

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil fuel dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement. Hydrogen Economy Outlook, a new and independent global study from research firm BloombergNEF (BNEF), finds that clean hydrogen could be deployed in the decades to come to cut up to 34% of global greenhouse gas emissions from fossil fuels and industry – at a manageable cost. However, this will only be possible if policies are put in place to help scale up technology, and... ... More: Official Press Release BNEF

Keywords:

BNEF, hydrogen, green, wind, solar, storage, emissions, net-zero, carbon, reduction, clean, study