Green Hydrogen, The Fuel Of The Future, Set For 50-Fold Expansion

Green Hydrogen, The Fuel Of The Future, Set For 50-Fold Expansion

Green hydrogen, produced using renewable energy, could decarbonise some of the most energy-intensive ... [+] industries.



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Hydrogen has been the fuel of the future for decades, always promising to deliver huge benefits in about five years' time.

Now it looks like the future has arrived as seven of the biggest green hydrogen project developers come together to launch the Green Hydrogen Catapult Initiative in a bid to increase the production of green hydrogen 50-fold in the next six years.

Green hydrogen is produced using renewable energy and electrolysis to split water and is distinct from grey hydrogen, which is produced from methane and releases greenhouse gases into the atmosphere, and blue hydrogen, which captures those emissions and stores them underground to prevent them causing climate change.

The new initiative aims to cut the cost of green hydrogen to less than $2/kg, which would help to cut emissions from the world's most carbon-intensive industries including steelmaking, shipping, chemicals production and power generation.



Recent analysis suggests$2/kg is a potential tipping point that will make green hydrogen and its derivative fuels competitive multiple sectors, including steel and fertilizer production, power generation, and long-range