KETEP 세계에너지시장정보

Abbreviations 3

Definitions 3

Executive summary 4

Acknowledgements 7

1 Introduction 8

2 The global picture 10  
 2.1 Current hydrogen demand and the need for decarbonisation 11
 2.2 Climate targets as fuel for hydrogen demand growth 13
 2.3 Multiple sectors set to boost hydrogen demand, but which sector comes first? 14

3 Unlocking barriers and scaling opportunity 18
 3.1 Unprecedented electricity growth needed for expected green hydrogen demand 19
 3.2 Addressing the challenge for global infrastructure modifications and upgrades 21
 3.3 Hydrogen demand pull and requirements to reach the target 23

4 Trade 24
 4.1 Trade as a driver of hydrogen demand growth 25
 4.2 Markets with potential for high hydrogen demand 25
 4.3 Potential benefits of hydrogen trade: driver of scale and future affordability 33
 4.4 Shipping as an enabler of hydrogen demand growth and international hydrogen market development 34

5 Conclusions 36

Appendix 39