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12 Jun
14:22

Global hydrogen market to hit $1.4 trillion by 2050: Deloitte

The global hydrogen market is forecast to reach an annual revenue of $1.4 trillion per year by 2050, with green hydrogen accounting for 85% of the market, according to a new report by Deloitte. Using its Hydrogen Pathway Explorer (HyPE) model, Deloitte projects clean hydrogen to help reduce up to 85 gigatonnes of cumulative CO2 emissions by 2050—over twice the global CO2 emissions in 2021. To achieve climate neutrality, the clean hydrogen market capacity wil…
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