Green hydrogen: 56% annual growth rate makes it the main alternative to gas

09-09-22

Global demand for green hydrogen is forecast to reach 17.87% by 2025, and up to 61% by 2050. The global turnover of the green hydrogen sector is estimated at $16.54 billion in 2025, growing at a rate of 56.3% per year. By 2050, it is expected to be used in sectors such as construction, mobility, the chemical industry and as a heat and light generator. Its production costs are estimated to fall by more than 60% by 2030, reducing its price to $1.6/kg.