<title>Hydrogen generation could become a $1 trillion per year market, Goldman Sachs says</title>
<link>https://www.dreyermazaheri.com/blog/hydrogen-generation-could-become-a-1-trillion-per-year-market-goldman-sachs-says</link>
<description>Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. “It’s a very powerful molecule,” DellaVigna said.</description>
<content:encoded><div data-rss-type="text">
<h1>
<span>
Hydrogen generation could become a $1 trillion per year market, Goldman Sachs says
</span>
</h1>
</div>
<div>
<img src="https://assets.cgmimm.com/assets/cmti0ynb100vipuhtzymx94kh/2443949280bdd986.webp" alt="hydrogen generation"/>
</div>
<div data-rss-type="text">
<p>
<span>
Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a year, according to
</span>
<a href="https://www.cnbc.com/quotes/GS" target="_blank">
Goldman Sachs
</a>
<span>
.
</span>
</p>
<p>
<span>
<br/>
</span>
</p>
<p>
<span>
“If we want to go to net-zero we can’t do it just through renewable power,” Michele DellaVigna, the bank’s commodity equity business unit leader for the EMEA region,
</span>
<a href="https://www.cnbc.com/video/2022/02/21/hydrogen-market-to-grow-200-fold-in-next-decade-predicts-goldman-sachs.html" target="_blank">
told CNBC’s “Squawk Box Europe” earlier this week
</a>
<span>
.
</span>
</p>
<p>
<span>
<br/>
</span>
</p>
<p>
<span>
“We need something that takes today’s role of natural gas, especially to manage seasonality and intermittency, and that is hydrogen.”
</span>
</p>
<p>
<span>
<br/>
</span>
</p>
<p>
<span>
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
</span>
</p>
<p>
<span>
“It’s a very powerful molecule,” DellaVigna said. “We can use it for heavy transport, we can use it for heating, and we can use it for heavy industry.”
</span>
</p>
<p>
<span>
<br/>
</span>
</p>
</div></content:encoded>
<enclosure url="https://irp.cdn-website.com/6e97393b/dms3rep/multi/pexels-photo-10670941-698bdcf1.jpeg" length="281434" type="image/png"/>
<pubDate>Wed, 23 Feb 2022 17:06:17 GMT</pubDate>
<guid>https://www.dreyermazaheri.com/blog/hydrogen-generation-could-become-a-1-trillion-per-year-market-goldman-sachs-says</guid>
<g-custom:tags type="string"/>
<media:content medium="image" url="https://irp.cdn-website.com/6e97393b/dms3rep/multi/pexels-photo-10670941-698bdcf1.jpeg">
<media:description>thumbnail</media:description>
...</media:content>
<media:content medium="image" url="https://irp.cdn-website.com/b32b2a7f/dms3rep/multi/pexels-photo-10670941-698bdcf1.jpeg">
<media:description>main image</media:description>
...</media:content>