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Green hydrogen, produced using renewable energy sources like wind and solar, is emerging as a key player in the shift toward sustainable energy. With advancements in technology and decreasing production costs, green hydrogen is becoming increasingly viable for widespread use. It can power industries, transportation, and even residential energy needs without emitting greenhouse gases. Governments and private sectors are investing heavily in green hydrogen infrastructure, accelerating its integration into the energy grid. This clean fuel alternative is poised to play a crucial role in reducing carbon emissions and combating climate change, potentially transforming energy consumption sooner than anticipated. 🌍 https://lnkd.in/gKMRt7_T

Reality comes home when Green Hydrogen is never going to be cheap enough to be cost effective.

Earlier this year, the European Commission showed the importance of green hydrogen by adopting two delegated acts that will define the conditions under which hydrogen can be considered renewable. At STX, we are active in the global hydrogen industry today. Our expertise in navigating the policy-driven, low carbon energy markets is instrumental in creating liquidity and transparency. Our portfolio approach ensures producers can access the optimal balance of risk and return and our clients can meet their compliance goals as efficiently as possible. Green hydrogen's renewable nature, adaptability and clean energy capabilities mark a pivotal step in reducing emissions and steering industries towards a sustainable future. 🌟🏭 Find out more on Forbes: https://lnkd.in/d8jHnQ73 #GreenHydrogen #Decarbonization #Sustainability #COP28

The role of green hydrogen in today's society can be vast and transformative. Learn more about the industries on which Hydrogen can have a key impact by reading the article down below. #greenhydrogen #decarbonization #waterelectrolysis https://lnkd.in/d79QjpQW

Clean hydrogen is gaining attention as a solution for decarbonising sectors including #chemicals which I'm focusing more and more on. Read our latest article to learn about the five existing barriers to clean hydrogen development and adoption and the roadmap for overcoming these obstacles to fulfil its potential.  #CleanHydrogen #Decarbonisation #Sustainability #RenewableEnergy  https://bit.ly/3WxXViW 

📢 Our usual Friday spotlight, this time on clean hydrogen, for which a significant increase in the global production is necessary to reach net-zero emissions by 2050. The demand for clean hydrogen is expected to be driven primarily by the long-distance transportation and high-temperature industrial sectors. This highlights the limitations of electricity and the advantages of utilizing hydrogen to reduce carbon emissions in challenging areas. Although there are other fuel options available to reduce greenhouse gas emissions, hydrogen is seen as essential for the future. It is crucial to start widespread adoption now in order to speed up technological advancements and infrastructure development. STX Group is leading the way in the transition to hydrogen by providing market liquidity and navigating regulatory complexities to maximize value for clients and suppliers. With a wide range of products and deep understanding of renewable energy markets driven by policies, we help companies find the most effective path to meet their sustainability goals.

A report on clean hydrogen production pathways. Here's what you need to know: • We'll need various clean hydrogen technologies to hit Net Zero by 2050. • Water electrolysis is great for integrating energy systems. • Reforming with carbon capture can deliver big volumes of low-carbon hydrogen. • Methane splitting creates valuable solid carbon by-products. • Biowaste-to-hydrogen helps local areas cut emissions. • Non-biological waste-to-hydrogen tackles our landfill problem. The report breaks down each pathway's readiness, costs, emissions, and scaling challenges. It shows all pathways can really help fight climate change. But they all face different hurdles in ramping up production. The report stresses we need strong but flexible rules. This is key to promoting sustainable options without creating unnecessary roadblocks. The problem is that we're still missing the GHG accounting rules for low-carbon hydrogen. The report calls for the quick adoption of solid GHG accounting methods. This is crucial to unlock investments in both low-carbon and renewable hydrogen projects. Check out the full report to learn more about the future of clean hydrogen production. PS. Repost this to your network ♻️ Report by: Hydrogen Europe 

During the current global Hydrogen Week, it is evident that hydrogen offers a promising pathway for the future of energy. It serves as a catalyst for a worldwide transformation towards sustainable energy practices.

To meet the goal of achieving net-zero emissions by 2050, a significant increase in the global production of clean hydrogen is necessary. The demand for clean hydrogen is expected to be driven primarily by the long-distance transportation and high-temperature industrial sectors. This highlights the limitations of electricity and the advantages of utilizing hydrogen to reduce carbon emissions in challenging areas. Although there are other fuel options available to reduce greenhouse gas emissions, hydrogen is seen as essential for the future. It is crucial to start widespread adoption now in order to speed up technological advancements and infrastructure development. STX Group is leading the way in the transition to hydrogen by providing market liquidity and navigating regulatory complexities to maximize value for clients and suppliers. With a wide range of products and deep understanding of renewable energy markets driven by policies, we help companies find the most effective path to meet their sustainability goals.

This insightful Bloomberg article sheds light on the current state of the #green hydrogen sector, revealing significant challenges and the optimism that could shape the #future of #industrial #decarbonization. Key takeaways : ➡️At present, less than 1MT in every thousand that we use is the “green H2” . The vast majority is “gray H2” made from natural gas, oil or coal, pumping out huge volumes of carbon dioxide in the process. The optimistic view, however, has been that the cost of water-splitting electrolyzers, and the clean energy required to power them, will decline as rapidly as we’ve seen with other green technologies. ➡️ Unexpectedly, the cost of producing green hydrogen has risen, reaching nearly $5/kg in the U.S., well above the target needed for it to compete with natural gas. Similar picture can be seen in the European Union. Brussels has attempted to set up a Hydrogen Bank to build a green H2 supply chain — but the first auction for the facility in April resulted in winning bids at a cost of between €5.8/kg ($6.34/kg) and €8.8/kg . Same sort of result in an auction for ammonia last month by the H2 Global Foundation. ➡️”Blue hydrogen" is emerging as an alternative, reducing emissions by 60-70% and it’s potentially attractive to consumers who want something cleaner than gray hydrogen, without the cost of green. Big oil have significant funds to invest in new technologies, including carbon-capture projects, blue hydrogen hubs, and engineering contracts. #Aramco has completed engineering work and site preparation for a carbon-capture project, anticipating Japanese and Korean buyers bids within months. #BP and #Shell are in advanced planning stages for blue hydrogen projects in northeast England and Oman, respectively. ➡️At present, blue H2 looks to be taking the lead. More than half of green H2 expected to be in operation by 2030 is in the earliest stage of development, according to BloombergNEF r so could easily get cancelled. About half of the blue supply has been approved to start construction, compared to 15% of the green projects. 👉Current government policies are more focused on subsidies for producers rather than creating demand, a strategy that contrasts with the renewables boom of the 2000s. Trade tensions may also be making project developers reluctant to buy Chinese made electrolyzers, which can be three-quarters cheaper than locally made versions —a potentially huge cost advantage that’s being neglected. Interest rates need to reset at lower levels to bring finance costs down.Above all, wavering official support for clean power means investors are unlikely to make a wager on such a high-risk, early stage technology. It’s a daunting series of chicken-egg problems but it’s one that we solved with solar power, wind, lithium-ion batteries and EVs. For more insights , pls refer to the link : https://lnkd.in/eDSbMFiF