The world is watching a gulf state revolution. Green hydrogen revolution, of course.
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The Kingdom has stepped it up during the year 2022 with a view to consolidating its energy transition and contributing to the reduction of greenhouse gas emissions.
The most prevalent and abundant element in the universe is hydrogen. As the lightest gas, helium is found high in the atmosphere, but because it makes up two-thirds of water, it can be created anywhere there is enough energy to divide its molecules. Where possible, tapping into other terrestrial sources may be less expensive.
Alaska can expedite commercial-scale clean hydrogen generation and dominate the market.
Many industries still use fossil fuels, but renewable energy is decarbonizing the electricity sector. Green hydrogen is the key to…
According to a study supported by the European Investment Bank, Africa has the capacity to create €1 trillion ($1.06 trillion) in green hydrogen annually by 2035, enabling it to export the fuel and support local industry.
A UK Parliament research found that hydrogen is unlikely to be feasible and affordable for mass usage in heating homes or powering cars in the near future.
Australia shows that renewable energies are outpacing fossil fuels, but not by much. The Office of the Chief Economist at the federal Department of Industry, Science, and Resources estimates that Australian resource and energy projects are worth A$702 billion ($471 billion).
Western and Asian corporations are collaborating on enormous projects to develop green hydrogen, a promising power source. Major Western oil…
A large number of projects totalling 266 billion Australian dollars ($178 billion) have been proposed for it, but only one hydrogen project has received Australia Investments’ commitment. This demonstrates the scope of the challenge it faces in its quest to become a significant exporter of clean fuel.
