Green hydrogen, generated by renewable energy or from low-carbon power, is critical for reducing emissions, but it will only account for 5% of the global final energy mix by 2050, falling short of what is required to reach climate targets, global energy consultancy DNV said in its ‘Hydrogen Forecast to 2050’ report.
According to DNV’s calculations, hydrogen would need to reach 13% to satisfy the Paris Agreement’s goal of limiting global warming to 1.5 degrees Celsius by 2050.
