As DNV’s Low Carbon Segment Leader for North America, Pedram Fanailoo supports customers in their decarbonization plans and investments. Recently, World Oil visited with him to get his assessment of how hydrogen production and usage are progressing, as well as his opinion on where effort needs to be increased, to meet global targets by 2050.
World Oil (WO): According to the Hydrogen Forecast to 2050 report, hydrogen is expected to be 0.5% of the energy mix in 2030 and 5% in 2050. Have these numbers changed since the report was published?
Pedram Fanailoo (PF): Hydrogen Forecast to 2050 is DNV’s first stand-alone forecast of hydrogen in the energy transition to mid-century. The study predicts that hydrogen will have less than a 5% share of the energy mix by 2050, at a time when it needs to reach 15% to support global commitments to the Paris…
Prospects for hydrogen’s growth to 2050
