Both the public and business sectors now prioritise investing in hydrogen when considering sustainable energy projects.
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Since worldwide policies promote renewable energy as an alternative to fossil fuels, green hydrogen generation in Africa has been the world’s focus.
According to the World Platinum Investment Council, hydrogen will be crucial in efforts to attain net zero, and investment, cooperation, and the introduction of supportive government policies are intensifying to achieve this, directly helping platinum demand (WPIC).
It has been requested that the UK government make a strategic choice to support the integration of hydrogen into the petrol network by 2023.
Massachusetts utilities’ plans to blend low-carbon hydrogen into natural gas distribution networks to feed houses and other buildings have prompted a nationwide discussion over “green” hydrogen’s reliance on renewables and its impact on the electric grid.
The North and Baltic Seas would benefit greatly from an offshore hydrogen backbone, according to the “Specification of a European Offshore Hydrogen Backbone” study that infrastructure system operators GASCADE and Fluxys commissioned from DNV.
An infinite supply of this crucial fuel, green hydrogen may be produced directly from seawater by a number of research teams, decreasing the need for fresh water in the plants where it is produced.
Green hydrogen is the assurance that Germany and Europe will be able to maintain their position as global industrial and technology leaders while also meeting the climate targets for 2045–2050.
In 2023, the market for investments in hydrogen is expected to have a stunning growth.
Senators Chris Coons (D-Delaware) and John Cornyn (R-Texas) renewed their bipartisan Hydrogen Infrastructure Initiative, four legislation to promote hydrogen power in energy-intensive sectors. Cosponsors include Senators Ben Ray Luján (D-New Mexico), Bill Cassidy (R-Louisiana), John Hickenlooper (D-Colorado), Lisa Murkowski (R-Alaska), and Martin Heinrich.
