Netherlands Cuts 2040 Hydrogen Forecast by Almost 60%

The Netherlands' 2026 National Energy System Plan update lowered its 2040 central estimate for gaseous hydrogen demand from 460 PJ to about 200 PJ, a 57% cut. Hydrogen has been largely removed from power generation, building heating and most transport in favor of direct electrification, which is set to supply 52% of final energy by 2040.

• 2040 hydrogen demand forecast cut from 460 PJ to 200 PJ (-57%)
• Electricity to supply 52% of final energy by 2040, up from about 25% today
• Current hydrogen demand is about 130 PJ, mostly refining and chemicals
• EU hydrogen prices hit about €9.80/kg versus earlier €1.70–4.70/kg estimates