A Capgemini Research Institute report has found that 62% of heavy industry companies across sectors are looking at low-carbon hydrogen to replace carbon-intensive systems.
The Low-Carbon Hydrogen – A Path to a Greener Future report suggested that energy and utilities (E&U) companies expect low-carbon hydrogen to meet 18% of total energy consumption by 2050.
Conducting a survey across 13 countries, Capgemini collected responses from 500 executives from E&U firms with more than $500m in annual revenue, and 360 executives from end-user sectors with more than $1bn in annual revenue, including heavy transportation, aviation, maritime, steel, chemicals and refining.
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