This article, according to Forbes, discusses five key trends shaping the green hydrogen industry in 2024:
✏ Move Toward Carbon Intensity Measurements: The industry is shifting focus from just producing hydrogen to tracking its "carbon intensity." This means measuring the greenhouse gas emissions associated with hydrogen production throughout its lifecycle.
✏ Rethinking The Source Of Green Hydrogen: While traditional methods use electrolysis powered by fossil fuels, the trend is towards renewable energy sources like solar and wind to create truly green hydrogen.
✏ Cost Reduction And Market Competitiveness: As electrolysis technologies improve and production scales up, green hydrogen is becoming more cost-competitive with conventional methods. This is crucial for wider adoption.
✏ Hydrogen In Industrial Applications: Green hydrogen is being explored as a clean fuel source in various industries, such as steel production and transportation.
✏ Global Collaborations And Partnerships: Countries and companies are increasingly collaborating to develop green hydrogen technologies, infrastructure, and markets. This international cooperation is seen as essential for accelerating progress.
The article suggests that these trends point towards a bright future for green hydrogen as a key player in the transition to a sustainable energy future.
Refer : https://lnkd.in/gxKRyhpP
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