The biggest driver of the hydrogen agenda is low-carbon hydrogen’s huge potential to help advance decarbonisation
We’ve been talking for decades about using earth’s most abundant chemical element as a clean energy source. Now, hydrogen isn’t just getting some attention: it’s become our best hope of driving the world’s decarbonisation imperative and reaching net zero by 2050 — and increasingly, reducing our dependence on imports of fossil fuels from volatile regions.
How this energy is stored for later use is the subject of much debate. There are currently two schools of thought: either lithium-ion batteries, or green hydrogen or ammonia. Although the hydrogen transition will require significant investment in new and repurposed infrastructure, the scale of green hydrogen production is set to ramp up dramatically this decade. Green hydrogen production projects are booming worldwide, with hydrogen demand expected to increase significantly by 2030, to then boom in the ’30s and ’40s, driven by new demand centres.
Transportation fuel: Hydrogen can be used as energy storage to power cars and other vehicles. We’re already seeing a major mining company using hydrogen to power its enormous tipper trucks, and leading automotive manufacturers already have hydrogen powered fuel cell vehicles on sale today. Although aimed at early adopters, both have proved the viability of hydrogen in real-world transport applications.
Energy source for heating buildings: Gas hydrogen can be used to heat buildings, including residential houses, schools, hospitals and commercial buildings in regions where central heating is required.
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