Hydrogen currently accounts for only 2.5% of total energy consumption, with 99% of this being “grey” hydrogen produced using fossil fuels. Green hydrogen, produced through water electrolysis powered by renewable energy sources, is the subject of growing global interest.
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The global supply of low-carbon hydrogen is set to be dominated by the US, Europe, and China by the end of the decade, driven by strong regulatory support and ambitious growth targets, according to a recent report by BloombergNEF (BNEF).
South Korea has launched an ambitious auction to procure electricity generated from “clean” hydrogen power plants, marking a significant step in its efforts to reduce greenhouse gas emissions and foster competition in the hydrogen energy sector.
Researchers at Tohoku University in Japan have made significant strides in the hydrogen energy sector by developing a data-driven model to predict barriers related to dehydrogenation in magnesium hydride, a promising material for solid-state hydrogen storage.
Facing slower-than-expected progress in the hydrogen value chain, Johnson Matthey (JM) has revealed plans to cut back on its investment in hydrogen technologies.
Hyundai’s N Vision 74 concept, a retro-styled hydrogen-powered supercar, garnered significant attention upon its reveal.
At the recent H.eco Forum in Seoul, Nobuo Tanaka, former executive director of the International Energy Agency, highlighted the strategic importance of hydrogen and nuclear energy for Japan and South Korea.
Nucleareurope recently issued a position paper highlighting the potential benefits of EU-based hydrogen production, emphasizing energy sovereignty, industrial competitiveness, and environmental sustainability.
Spain sees this energy vector as a strategic opportunity to establish itself as a European leader in the hydrogen economy.
Hydrogen production is witnessing significant growth, moving past previous criticisms regarding its carbon emissions. A new innovative project has addressed these concerns, promising zero emissions.