Browsing: Pacific

Green hydrogen, which is produced from water by electrolysis, is an energy-intensive but carbon-free process if driven by renewable electricity. GH2’s objective is to ensure that by 2050, a quarter of the world’s energy originates from green hydrogen.

The high capital expenditures of equipment are a major barrier to creating cost-competitive green hydrogen by electrolysis. Because of economies of scale, large-scale export initiatives have the potential to improve cost competitiveness.