The Hydrogen Council, an initiative led by over 140 global companies to promote the transition to green energy, has revealed that the production capacities of all clean hydrogen plant projects announced globally only represent around half of the volumes of clean hydrogen required to reduce greenhouse gas emissions by 45% by 2030 and achieve net zero emissions by 2050.
The transition to a carbon-free society is a global goal, and hydrogen is emerging as a hopeful avenue in achieving this goal. The International Energy Agency forecasts that 115 million tons of hydrogen will be needed in 2030 to achieve net-zero carbon dioxide emissions by 2050.
A recent survey conducted by Civey on behalf of thyssenkrupp nucera AG & Co. KGaA has found that a majority of Germans view green hydrogen as the energy source of the future for Europe and Germany.
“The holy grail” of the energy future – hydrogen may soon have a very serious problem, which, if not solved quickly, will bring the whole “hydrogen revolution” to a halt for us. This is caused by the already absolute certainty that hydrogen in the Earth’s atmosphere reacts with tropospheric hydroxyl (OH) radicals. Therefore, its uncontrolled emission into the atmosphere disturbs the distribution and holds dangerously the decomposition of methane, ozone or water vapour, which can lead us, in the short term, to a possible climate cataclysm.
Nuclear power can play a crucial role in the production of zero-carbon hydrogen due to its competitive pricing, relatively small geographic footprint, and high capacity, say analysts and industry heads.
RenewableUK, a clean energy trade body, has issued a warning that the UK risks losing out on billions of pounds of investment capital and thousands of jobs unless the government takes urgent action to promote the use of green hydrogen.
Europe’s dominance of the global hydrogen industry appears to be slipping due to the rapid increase in planned hydrogen projects in North America, according to a report by Aurora Energy Research.
Morocco’s recent move to promote the use of green hydrogen is a clear indication that governments across Africa are committed to achieving environmental sustainability and improving regional competitiveness.
DNV, a global energy expert and assurance provider, has been engaged by Brazilian upstream service provider Ocyan, as an independent third party to qualify the system injecting hydrogen as an additive in the internal combustion engines of drilling rigs.
Mukesh Ambani, the chairman of Reliance Industries Ltd., has recently committed $10 billion to clean power and fuel, making it…
