22
May
12:42
BNEF downgrades hydrogen’s role in reaching net zero by 2050
BloombergNEF (BNEF) has downgraded clean hydrogen’s role in helping the world reach net zero emissions by 2050. It now predicts 390 million tonnes of clean hydrogen will be used then, which is around 25% less than it projected in late 2022.
However, the fuel will still have “significant” demand by mid-century, driven primarily by steel production, aviation, and shipping sectors, BNEF says in its New Energy Outlook for 2024 report. Currently, hyd…
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Anonymous
Very good overview of the weekly steel market.
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