Inclusive, global trade is the keyFree trade can help lower the cost of energy transition.
Deloitte's outlook showcases a steady hydrogen market growth, from $642 billion in annual revenue in 2030 to $1.4 trillion per year in 2050, in which green hydrogen comprises some 85% of the hydrogen market.
Global trade between major regions can represent almost one-fifth of total clean hydrogen volume.
The opportunity for developing economiesRegions with high renewable endowment and ample land availability could likely produce cost-competitive green hydrogen in quantities that exceed domestic needs.
To find out more, read Deloitte's Green hydrogen: Energizing the path to net zero report.
Organizations:
Government, Global, North, Deloitte Global, SAF, Deloitte Investments, Deloitte, Insider Studios, Deloitte Touche Tohmatsu
Locations:
North Africa, Australia, North America, East, South America, Africa, Japan, Korea, Europe, China, India, Middle East