Global Hydrogen Review 2021 Report extract Executive summary
The time is ripe to tap into hydrogen’s potential contribution to a sustainable energy system. In 2019, at the time of the release of the IEA’s landmark report The Future of Hydrogen for the G20, for the G20, only France, Japan and Korea had strategies for the use of hydrogen. Today, 17 governments have released hydrogen strategies, more than 20 governments have publicly announced they are working to develop strategies, and numerous companies are seeking to tap into hydrogen business opportunities. Such efforts are timely: hydrogen will be needed for an energy system with net zero emissions. In the IEA’s Net Zero by 2050: A Roadmap for the Global Energy Sector, hydrogen use extends to several parts of the energy sector and grows sixfold from today’s levels to meet 10% of total final energy consumption by 2050. This is all supplied from low-carbon sources.
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