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28 Oct
14:48

Energy exporters race to lead global hydrogen trade: WoodMac

Global low-carbon hydrogen demand is set to increase two- to six-fold by 2050 to 530 million tonnes, with nearly 150m t being traded on the seaborne market, according to Wood Mackenzie. The pace of demand growth will depend on energy transition targets and ambitions, the consultancy firm said on Thursday. Import demand from northeast Asia could account for roughly 80m t, and from Europe for around 23m t. These volumes equal 55% of seaborne hydrogen trade and 16% o…
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