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Forecast impact of hydrogen on the economy in the United States in 2030 and 2050*

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Release date

October 2020

Region

United States

Survey time period

2020

Supplementary notes

* Assumes ambitious deployment scenario, which would see hydrogen championed as a significant asset to decarbonizing the U.S. Further information on methodology may be found on page 4 in the report.
** Energy demand excludes feedstock.

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Hydrogen's projected effect on the economy in the U.S. 2030 & 2050

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 16, 2020
Hydrogen could bring many different benefits in the United States' economy. Assuming a ambitious deployment scenario, the hydrogen market could generate *** billion U.S. dollars by 2050 and cover ** percent of annual final energy demand.

In 2050, manufacturing of specialized materials and components is forecast to make up the greatest portion of revenues generated in the U.S. hydrogen market, at a total of *** billion U.S. dollars.
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