Skip to main content
Hydrogen News

Growing Gigawatts of Green Hydrogen

By October 11, 2021November 28th, 2021No Comments

News Stories

Growing Gigawatts of Green Hydrogen

Oct 11, 2021 • RMI Energy Transformed

A look at how we can deploy the hundreds of gigawatts of electrolyzers needed this decade.

Of all the technologies unleashed in the energy transition, few have generated the level of excitement that green hydrogen has. As a potential enabler of economically viable, zero-carbon solutions for everything from steel manufacturing to marine shipping, green hydrogen is positioned as a cure-all for the “hard-to-abate” sectors. This has drawn interest from many of the world’s largest companies, with steelmakers, refineries, and fertilizer producers driving the majority of current projects.

However, there remains a wide gulf between the promise of green hydrogen and the reality on the ground today. There are 0.3 GW of electrolyzers powered by renewable energy installed today with a projected 40 GW to be commissioned by 2030 according to Bloomberg New Energy Finance’s (BNEF) Hydrogen Production Database. This project pipeline pales in comparison to the 850 GW of electrolyzers needed by 2030 for hydrogen to play its part in a net zero world.

Continue to full article on RMI