Hydrogen can play a significant role in decarbonizing world energy supply to mitigate climate change, according to a new research paper by DNV GL, the technical advisor to the oil and gas industry.
- Decarbonization could drive an estimated 100,000-fold rise in demand for hydrogen for energy by 2050, according to new DNV GL research paper
- The paper lays out a viable business concept for producing low-carbon transportable hydrogen offshore from natural gas
- Australia, Canada, the Netherlands, the UK and the US are most likely to adopt hydrogen at significant scale for heating residential and commercial spaces
- More than 80% of hydrogen demand for mobility in 2050 will be for buses, trucks and other heavy vehicles.