Hydrogen for Net-ZeroA critical cost-competitive energy vectorNovember 2021Published in November 2021 by the Hydrogen Council. Copies of this document are available upon request or can be downloaded from our website:www.hydrogencouncil.com This report was authored by the Hydrogen Council in collaboration with McKinsey & Company. The authors of the report confirm that 1. There are no recommendations and / or any measures and / or trajectories within the report that could be interpreted as standards or as any other form of (suggested) coordination between the participants of the study referred to within the report that would infringe the EU competition law; and2. It is not their intention that any such form of coordination will be adopted.Whilst the contents of the Report and its abstract implications for the industry generally can be discussed once they have been prepared, individual strategies remain proprietary, confidential and the responsibility of each participant. Participants are reminded that, as part of the invariable practice of the Hydrogen Council and the EU competition law obligations to which membership activities are subject, such strategic and confidential information must not be shared or coordinated – including as part of this Report.Hydrogen for Net-Zero Hydrogen Council, McKinsey & Company2TABLE OF CONTENTSExecutive summaryIntroductionChapter 1 Demand for hydrogen and its cost- and carbon- cutting roleChapter 2 Scaling through 2030 is critical for meeting long-term targetsChapter 3 Hydrogen momentum and required investmentsChapter 4 Action is requiredAppendix Methodology Glossary Bibliographyiii8 12 22 34 44 48 53 543Hydrogen for Net-ZeroHydrogen Council, McKinsey & CompanyExecutive summaryivHydrogen...
