A McKinsey & Company shows that demand could be as high as 660 million tons by 2050.Countries rich in hydrocarbons are among those that have the greatest potential for meeting global clean hydrogen demand due to existing infrastructure, says a new McKinsey study.The report showed that these nations can play a central role in worldwide decarbonization efforts.The report underscores the way that hydrocarbon-rich countries (HRCs) can meet the rapidly rising clean hydrogen demand by leveraging their existing large energy project experience in addition to their substantial renewable energy resources and their considerable export infrastructure. In this way, they will be able to produce and distribute both blue and green H2.HRCs exist in a spectrum of different locations worldwide, including countries such as Saudi Arabia, the United States and Canada. Those countries not only possess the…
HRCs have greatest potential to meet hydrogen demand compared to other countries
