This report was authored by the Hydrogen Council in collaboration with McKinsey & Firm.
Hydrogen and its derivatives will play a central function in decarbonization and world commerce can be vital for driving uptake. This was the important thing discovering of World Hydrogen Flows, a joint report of the Hydrogen Council and McKinsey & Firm printed in 2022. It highlighted the shortcoming of main future hydrogen demand areas, together with Europe, Japan, and South Korea, to satisfy all their demand at reasonably priced prices. Different areas, the report confirmed, may probably have extra low-cost provide.
But the outlook for hydrogen is much from fastened. The hydrogen trade is consistently adapting to a quickly evolving regulatory framework, shifts in world coverage, geopolitical forces, new applied sciences, and ongoing studying from mission implementation. This 2023 abstract report revisits the findings of the 2022 World Hydrogen Flows report back to account for these and different adjustments—and assesses how world hydrogen commerce flows may evolve.
The outcomes offered on this 2023 abstract report are primarily based on a extra detailed doc, displaying the outputs from a sophisticated analytics optimization mannequin. This software program balances provide and demand throughout all areas, a number of carriers, and finish merchandise.
Entry the report right here
