Many believe that Belgium has the potential to become a centre for green hydrogen in Western Europe given its current infrastructure and supportive governmental climate.
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A group of four federal agencies published a report on a national framework for decarbonizing the transportation industry.
Rystad Energy research predicts that low-carbon project spending will rise by $60 billion this year, 10% higher than in 2022, driven by wind development but also by increased expenditure for hydrogen and carbon capture, utilization, and storage (CCUS) infrastructure.
Clean hydrogen can help decarbonize industry, generate power, secure energy, and transmit renewable energy from production to usage.
According to a recent report by the World Future Energy Summit, the GCC is poised to play a significant role in the highly anticipated future hydrogen market, with the UAE, Saudi Arabia, and Oman seeking to become global leaders in the export of clean fuel, which will help drive the evolution of the region’s energy sector.
According to figures gathered by the National Electric Coordinator and the National Energy Commission, between August 2021 and September 2022, only wind and solar produced more energy than coal, setting a historic milestone for Chile (CNE).
Brazil is positioned as a potential leader in the world’s H2V (green hydrogen) production due to its energy matrix’s high renewable potential and wealth of natural resources.
Bosch found that 41% of global respondents think hydrogen and fuel cells will be the biggest drivers of sustainability in the future, tied with climate engineering.
Political delays, financial uncertainties, and supply chain concerns are limiting renewable hydrogen project development in Europe.
Along with the nuclear power industry, Korea is working to develop the hydrogen industry as an axis that will be in charge of ensuring future energy security. One such initiative is accelerating the development of hydrogen infrastructure.
