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RISING TO THE
CHALLENGE OF A
HYDROGEN ECONOMY
The outlook for emerging hydrogen value chains, from production to consumption
REPORT
REPORT
INTRODUCTION Rising to the challenge of a hydrogen economy
The world is heading for hydrogen
For many, it is essential to a net-zero future
As recently as three years ago, clean hydrogen energy was on the fringes of the energy-transition conversation – an outlier solution, at least for the short or medium term. Today, it is rapidly moving into the mainstream and, for many, it is essential to a net-zero energy future.
In short, the world is heading for hydrogen, but the route is uncertain and many questions remain. How quickly can hydrogen supply scale-up to support high-demand industries? What is new about hydrogen in 2021? What are the most urgent challenges and the required enablers? Which areas of uncertainty could impact hydrogen the most in the next few years?
1,124
Survey respondents from across the hydrogen economy
7
In-depth interviews with industry leaders
80
Countries represented
27%
Respondents from organizations with revenues in excess of US$1bn
This report explores the outlook for the emerging hydrogen economy, drawing on DNV’s survey of more than 1,100 senior professionals involved in the emerging hydrogen economy, as well as on in-depth interviews with several industry leaders.
The report explores the outlook for the hydrogen economy in three areas:
Great expectations
Expected challenges and enablers
Challenging questions.
We would like to thank the following leaders for the time and insights they provided to this research through in-depth interviews:
Sebastian Koks Andreassen, CEO at Green Hydrogen Systems
Antony Green, project director – hydrogen, National Grid
Dr Sanjay C Kuttan, executive director, Singapore Maritime Institute
Tim Peeters, department manager, iron and steel RD, Tata Steel Europe; and Mustapha Bsibsi, RD knowledge group leader, thermal processes, Tata Steel Europe
Rachel Ruffle, CEO Northern
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