Global hydrogen trade: outlook to 2050

By 2050, about one quarter of the total global hydrogen demand could be satisfied through international trade. The other three quarters would be domestically produced and consumed. This is a significant change from today’s oil market, where the bulk (about 74%) is internationally traded, but it is similar to today’s gas market, of which just 33% is traded across borders. Of the hydrogen that would be internationally traded by 2050, around 55% would travel by pipeline, and most of the hydrogen network would be based on existing natural gas pipelines that would be retrofitted to transport pure hydrogen, drastically reducing […]

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