In 2025 and beyond, you can add “the need for more electricity” to a list of certainties along with death and taxes. In addition to the voracious demand for electricity spawned by artificial intelligence, demand is also being stoked by the anticipation of robust economic growth and weather-related events.
One solution could come from green hydrogen. This process produces hydrogen with an electrolyzer that separates water into hydrogen and oxygen. It fulfills the promise of being a clean energy solution. However, this is still a new technology, and without industry subsidies, it’s impossible to deliver green hydrogen at scale. To emphasize this point, McKinsey recently cut its U.S. green hydrogen forecast for 2030 by 70%.
