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Global Hydrogen Flows | 2023 Update

image credit: Hydrogen Council
Charley Rattan's picture
Global Hydrogen Trainer & Advisor, Charley Rattan Associates

Charley Rattan, Training, advising and informing the global energy transition. Charley heads Charley Rattan Associates, a team of seasoned trainers and advisors driving forwards the energy...

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  • Nov 16, 2023
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Global Hydrogen Flows | 2023 Update

Trade reduces the cost of carbon abatement, when compared to a scenario where global trade is limited. Indeed, the need to produce higher cost hydrogen (with trade being limited) would result in total investment requirements of $12 trillion, by 2050.

By contrast, in a scenario in which international hydrogen trade can develop, total hydrogen-related investments would amount to approximately $8 trillion by 2050, representing a $4 trillion cost savings.

To facilitate long-distance transportation of hydrogen and derivatives, around $70 billion investments would be required per year in transport, conversion, and reconversion.

Finance for the Green Economy

 

 

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Jorge Medeiros's picture
Jorge Medeiros on Nov 16, 2023

Thanks Charley for the information. And I also believe that due to a stronger trade, specially when Billion dolar projects announced recently in Brazil start production, in few years the cost of Kg H2 will go down to near US$1.

Charley Rattan's picture
Thank Charley for the Post!
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