A report by Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision, suggests that hydrogen needs to grow sevenfold to support the global energy transition, eventually accounting for 10% of total energy consumption by 2050.
The report, named Sufficiency, sustainability, and circularity of critical materials for clean hydrogen, is a joint product of the World Bank and the Hydrogen Council and examines critical points of that suggested hydrogen deployment.
It points out that a scale-up of that magnitude will increase demand for materials such as aluminium, copper, iridium, nickel, platinum, vanadium, and zinc to support hydrogen technologies, including renewable electricity technologies and the electrolyzers for renewable hydrogen, carbon storage for low-carbon hydrogen, or fuel cells using hydrogen to power transport.
It also…