First Survey Report on Future Trends in Hydrogen Energy

Recently, the International Commission on Hydrogen Energy, with the assistance of McKenzie Management Consulting, released the world's first survey of the future development trends of hydrogen energy. The report points out that hydrogen energy is an important means of structural energy transformation and can generate the equivalent of $2.5 trillion in commercial value and create more than 30 million jobs at the same time.

The International Commission on Hydrogen Energy released a survey entitled "Hydrogen, Scalingup(Blueprint for the Development of the Hydrogen Energy Market)" that defines the future vision of hydrogen energy. It introduces the development blueprint for the formal popularization of hydrogen energy and the transformation of energy structures. By 2050, through greater access, hydrogen energy will account for about 20 per cent of total energy consumption, and the annual CO2 emissions can be reduced by about 6 billion tons from the current level, and can bear about 20 per cent of the CO2 emission reductions needed to control global warming within 2 °C.

On the demand side, tests by the international commission on hydrogen and energy show that between 10 million and 15 million fuel cell passenger vehicles and 500,000 fuel cell trucks will be supplied by 2030. There are also industrial fields, such as industrial projects for various purposes such as raw materials, heat sources, power sources, power generation, and storage. The survey pointed out that by 2050, the demand for hydrogen energy is expected to be 10 times that of the current, equivalent to 18 % of the final energy demand in 2050 if global warming is controlled within 2 °C. About 80 EJ(80 × 1018 joules) of energy will achieve hydrogen energy-generation. The global population is expected to increase to 2 billion in 2050, and hydrogen energy technologies have the capacity to promote sustainable economic development.

"The world of the 21st century must shift towards greater use of low-carbon energy," said Shantianzhuzhi, chairman of Toyota Motor Corporation, who co-chairs the International Commission on Hydrogen Energy. Hydrogen energy is indispensable for energy transformation. This is because, by using hydrogen energy as a medium, it is possible to store, transport and utilize electricity generated through renewable energy sources such as wind and solar energy. The International Commission on Hydrogen Energy has identified seven major roles for hydrogen energy, so that we can ask governments and investors to include hydrogen energy in energy plans. By achieving economic development based on hydrogen energy as soon as possible, we can work more together to achieve a hydrogen society. "

To achieve such a large popularity, large-scale investment is required in the early stages. Calculations show that an estimated $20 billion to $25 billion is required for a year and a cumulative $280 billion by 2030. The report points out that investment in the massive introduction of hydrogen energy is attractive to investors if there is a sound regulatory framework, including long-term and stable policy incentives. The world now spends $1.7 trillion a year on energy, including oil and gas($650 billion), renewable energy($300 billion) and the automotive industry(more than $300 billion).

Another co-chairman, BenotPotier(president and CEO of AirLiquide), said: "This survey has positioned hydrogen energy as an important way to transform energy structures. We are confident in supporting universal hydrogen energy. Hydrogen energy is indispensable in the process of energy structural transformation in specific fields and regions. The sooner we use hydrogen energy, the sooner we can enjoy the economic and social benefits of hydrogen energy. The industry has made it clear that it will introduce hydrogen energy technologies. The realization of a hydrogen-energy society requires the solidarity of stakeholders, with the International Commission on Hydrogen Energy playing a leading role. "

The co-chairmen of Toyota Chairman Shantianzhuzhi and AirLiquide CEO OBenotPotier led 18 senior members of the International Commission on Hydrogen Energy to attend the SustainabilityInvationForum and released the latest blueprint. At the same time, he also attended Professor Lin Linshi's CEOAldo Belloni, Vice President of Hyundai Motor Company Yangxiongzhe, and Member of the Board of Directors of Anglo-American Resources Group Anne Stevens. During the release process, the International Commission on Hydrogen Energy once again called on investors, policymakers and companies to accelerate the introduction of hydrogen energy and promote the structural transformation of energy.

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