Green hydrogen is hydrogen produced using renewable energy sources, such as wind or solar power, through a process called electrolysis. It has gained significant attention as a clean and sustainable energy carrier with numerous opportunities across various sectors.
Both hydrogen and electricity have significant roles to play in the future of energy and transportation, depending on the particular application and context. However, this is a complicated and dynamic subject.
Carbon Capture, Utilization, and Storage technologies have emerged as an important weapon in the global fight against climate change. CCUS refers to a set of strategies that capture and store carbon dioxide emissions from industrial operations or power generation, keeping them from being released into the atmosphere.
Hydrogen market penetration refers to the extent to which hydrogen is adopted and used as an energy source or feedstock in various industries and applications. Hydrogen has gained significant attention as a potential clean energy carrier and has the potential to play a crucial role in reducing greenhouse gas emissions, particularly in sectors that are challenging to decarbonize, such as transportation and heavy industry. The choice of whether to enter new markets directly or through partners is contingent upon several industry-specific considerations in the hydrogen sector.
Accelerating the production and use of green hydrogen—hydrogen produced by electrolysis and using renewable energy sources—requires the development of legislative frameworks for its deployment. Governments and international organizations create these frameworks to offer direction and inducement to businesses and investors to fund and advance green hydrogen technology.
Hydrogen integration strategies refer to plans and approaches for incorporating hydrogen as an energy carrier and resource into various sectors of the economy, such as industry, transportation, and power generation. Hydrogen is seen as a promising solution for reducing greenhouse gas emissions and transitioning to a more sustainable energy system.
