Energy security and China’s scale underpin hydrogen growth, DNV forecasts

Clean hydrogen will grow 100-fold from today’s levels, according to DNV’s Energy Transition Outlook Hydrogen to 2060 report. Overall hydrogen volumes will grow by 170% and will see cumulative investments of USD 3.2trn to 2060. China is set to lead that expansion, accounting for 35% of new hydrogen production and use over the forecast period.