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iea-400m-enough-for-2050-electrolyser-manufacturing-amid-low-demand-and-overcapacity
©McPhy
iea-400m-enough-for-2050-electrolyser-manufacturing-amid-low-demand-and-overcapacity
©McPhy

IEA: $400m enough for 2050 electrolyser manufacturing amid low demand and overcapacity

Low demand and current overcapacity means under $400m of cumulative investments are needed to ramp up electrolyser manufacturing to meet 2050 hydrogen production volumes, the International Energy Agency (IEA) has said.

The Energy Technology Perspectives 2024 report expects electrolyser manufacturing investments to peak “well before” 2035 in all three of its scenarios.

In the Announced Pledges Scenario (APS), the report expects 60GW of cumulative manufacturing capacity to be built over 2024-2030 – 55% of all new capacity built up to 2050.

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