Browsing: Analysis

For a variety of industries, sectors, and end-use applications, hydrogen may be the only viable decarbonization alternative. Costs are still high, but this might alter drastically over the next decade as international interest rises as demand and supply side variables, such as increasing carbon pricing, increase.

In the green transition, hydrogen will play a critical role. By 2050, the EU expects that hydrogen will account for 10 to 24% of total energy consumption. While electric cars are projected to dominate the passenger car industry, hydrogen is predicted to play a significant part in the greening of freight transportation.