Hydrogen: Realistic Game Changer?
Although hydrogen is the most abundant element on earth, it does not exist in nature in in its pure form and needs to be extracted from different (often very strong) molecules (e.g. water or hydrocarbons). This usually results in expensive (energy intensive) production economics. This report examines possible demand scenarios where hydrogen will be adopted as an energy carrier in various “new” applications and what it will take to actually produce this amount of hydrogen from an economic and market perspective. Conclusions are drawn on the realistic implementation of hydrogen as an energy carrier, especially in the transportation sector.