This week we published our @ETC_Energy report on clean #hydrogenhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">in an electrified economyhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⚡️" title="Hochspannungszeichen" aria-label="Emoji: Hochspannungszeichen">. I will be posting some key insights here in the next 2 wks.

Today, I start w/ our vision for the role of #CleanHydrogen for #NetZero2050.
https://bit.ly/3sZDOrg ">https://bit.ly/3sZDOrg&q... #EnergyTwitter

#CleanHydrogen in a #netzero world will play a critical role in sectors where direct electrification will likely remain impossible or uneconomic for many decades.

Electrify wherever possible. Use hydrogen wherever not possible.

We have high confidence in the role of #CleanHydrogen for already existing uses - like ammonia for fertiliser, or methanol.

And think that hydrogen use in steelhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🔩" title="Mutter und Schraube" aria-label="Emoji: Mutter und Schraube">, shippinghttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🚢" title="Schiff" aria-label="Emoji: Schiff">, aviationhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="✈️" title="Flugzeug" aria-label="Emoji: Flugzeug"> and power storagehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🔋" title="Batterie" aria-label="Emoji: Batterie"> is highly likely to develop.

For some sectors, the precise balance between #hydrogen and #electrification and other decarbonisation routes (bio, CCS) remains uncertain.

A lot depends on https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌍" title="Europa-Afrika auf dem Globus" aria-label="Emoji: Europa-Afrika auf dem Globus">local circumstances and technology developmentshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🔧" title="Schraubenschlüssel" aria-label="Emoji: Schraubenschlüssel">: like high temperature heathttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🌡️" title="Thermometer" aria-label="Emoji: Thermometer">, plastics and HDV trucking.

All this means:
Depending on energy efficiency improvements overall, & if all of the above use cases materialise as suggested -
The illustrative scenario we anticipate is a #cleanhydrogen demand of 500-800 Mt by 2050https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">

That& #39;s 5-7x more #hydrogen use than today.

Given that less than 1 Mt today is produced in a clean fashionhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">this means an increase of up to 1000x.

In other words, we start from almost zero & need to accelerate supply and demand simultaneously to be on a #netzero path for 2050https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">

I would like to thank our experts @etc_energy members and beyond (50+) as well as the @SYSTEMIQ_Ltd colleagues who contributed, gave feedback and reviewed this report.

Special S/O to @WillHall92, @ThomasASpencer, @gnievchenko, @KochBlank, @tre97, @RobMMStevens & many more.