Browsing: REGIONAL

The Bandırma Hydrogen Valley, known as HYSouthMarmara, is poised to become a beacon of green energy innovation, harnessing the power of renewable resources to produce green hydrogen and revolutionize the country’s energy and industrial sectors.

As the world increasingly turns to sustainable energy solutions, green hydrogen has emerged as a beacon of promise. Bolstered by its capacity to drive down carbon emissions, green hydrogen is slated to play a pivotal role in the energy transition. Deloitte Center for Sustainable Progress (DCSP) presents a groundbreaking report that illuminates the remarkable potential of green hydrogen, projecting it to dominate the energy landscape and stimulate a $1.4 trillion market by 2050.

In the picturesque town of Seraing, Belgium, where the echoes of the Walloon steel industry’s heyday still resonate, a new chapter in industrial history is unfolding. This time, the clanging of hammers is replaced by the hum of cutting-edge technology as John Cockerill, a European industrial leader, stands at the forefront of a new era, one powered by the potential of hydrogen.

A recent study conducted by the renowned Fraunhofer Institute has cast a shadow of uncertainty over the financial viability of green hydrogen production in Germany. The study highlights the predominant factor behind this conundrum: exorbitant production costs, particularly arising from electricity sourced from photovoltaic and wind power plants.