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Hydrogen Could Become A $130 Billion U.S. Industry By 2050. It Could Also Be A Major Way To Cut Emissions

October 14, 2019

As countries seek to reduce their greenhouse gas (GHG) emissions while providing cost-effective energy to businesses and consumers, hydrogen is emerging as a key technology – and it could soon be a multi-billion industry in the United States.

Two scenarios in the Energy Policy Simulator (EPS) illustrate pathways in which hydrogen becomes a major part of the U.S. energy mix, earning revenue of $130-170 billion per year by 2050 while lowering greenhouse gas (GHG) emissions by 20 or 120 million metric tons (Mt) of CO2 equivalent (CO2e) annually.

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