Energy security and China’s scale to drive hydrogen investments to $3.2t by 2060
A long-term global focus on energy security and accelerating demand in China will drive the growth of the hydrogen sector by 100-fold from today’s levels, according to DNV’s Energy Transition Outlook Hydrogen to 2060 report. Overall hydrogen volumes will grow by 170% and will see cumulative investments of $3.2 trillion to 2060. China is set to lead that expansion, accounting for 35% of new hydrogen production and use over the forecast period, the report said.
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