Maritime to take 15% of clean hydrogen demand by 2060, DNV forecasts

Clean hydrogen uptake is expected to be the third strongest in the maritime sector, according to DNV’s latest hydrogen outlook.

IMAGE: Renewable clean hydrogen storage tanks. Source: Getty Images.

The report notes that renewable and low-carbon hydrogen remain key to decarbonizing hard-to-electrify industries, such as shipping and aviation.

DNV said clean hydrogen will replace 65 million tonnes of unabated hydrogen use and be used in synthetic fuels for the aviation and maritime sectors.

"The addressable market for clean hydrogen and its derivatives is now more focused on those areas of energy demand that are impossible to electrify," said Ditlev Engel, CEO of Energy Systems at DNV, adding that maritime applications are expected to use hydrogen derivatives in the form of ammonia and e-methanol.

According to the report, these hydrogen-derived fuels will help reduce dependence on oil in aviation and maritime transport, sectors that are central to trade logistics and military mobility.

DNV forecasts clean hydrogen will grow 100-fold between now and 2060, with cumulative investment of around $3 trillion over the next three decades.

However, the classification society warns, stronger standardization, safety, verification, and certification frameworks will be needed to build trust and support large-scale hydrogen investments.

By Gautamee Hazarika

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