Ahmed Al-Khuwaiter, chief technical officer of Saudi Aramco, confirmed that the demand for hydrogen has doubled dramatically since 2018, stressing that hydrogen is the only option for the world to achieve zero carbon emissions targets.
“The world has changed a lot since 2018, and global ambitions to achieve a lower carbon footprint have doubled to higher levels,” Al-Khuwaiter said, during a session that discussed the future of hydrogen demand, within the activities of the Future Investment Initiative in Riyadh, which was launched on Tuesday and will continue until this evening. He pointed out that there are commitments from several countries that are trying to decarbonize their economies and energy systems and reduce the carbon footprint, expecting the demand for hydrogen to rise by the equivalent of 38 million barrels of oil in 2050, making hydrogen an essential component of the energy system.
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