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30 Jan
16:51

Steel to comprise 40% hydrogen 2050 demand: BP

British oil company BP expects low-carbon hydrogen demand to grow by a factor of ten between 2030 and 2050, potentially reaching 460 million tonnes/year, Kallanish reports. By 2050, around 40% of total industrial hydrogen demand will come from iron and steel production, BP forecasts. According to its annual Energy Outlook report, released on Monday, low-carbon hydrogen (green, blue and biogenic hydrogen) will play a critical role in decarbonising the energy syste…
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