Description
Green hydrogen can be a major opportunity for decarbonization in the long-term globally, with 7,600 TWh of energy demand expected to be needed for hydrogen production by 2040. Globally, there are ~40 potential use cases for green hydrogen, either as a fuel (e.g., for transportation, power generation, or industrial heating), or as a feedstock for industrial processes (e.g., for green ammonia and green fertilizer). Typically, it is most likely to be used in industries that are hard to decarbonize through other means (e.g., heavy industry).