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Russia is planning to increase its share in the global hydrogen market by 20% by 2030, and to increase annual exports of the fuel up to 33.4 million tons by 2050, Deputy Energy Minister Pavel Sorokin said on Monday.
“It is still difficult to provide exact numbers, but we believe that the exports can vary from one to two million tons in the worst-case scenario, while the brisk growth may lead to sales of up to seven million tons in 2035,” the official said.
According to Sorokin, the draft plan for developing Russia’s hydrogen energy has been approved, while the framework for the development of the country’s hydrogen industry is currently being worked out.
Russia is planning to increase its share in the global hydrogen market by 20% by 2030, and to increase annual exports of the fuel up to 33.4 million tons by 2050, Deputy Energy Minister Pavel Sorokin said on Monday.
“It is still difficult to provide exact numbers, but we believe that the exports can vary from one to two million tons in the worst-case scenario, while the brisk growth may lead to sales of up to seven million tons in 2035,” the official said.
According to Sorokin, the draft plan for developing Russia’s hydrogen energy has been approved, while the framework for the development of the country’s hydrogen industry is currently being worked out.
