Green hydrogen: A transformative energy journey
As the world decarbonises, the emergence of green hydrogen stands as a pivotal force in the energy transition landscape
Forecasts indicate that the green hydrogen market is poised to exceed $515.66b by 2035, experiencing a remarkable CAGR of 61% from 2023 to 2035, showcasing the immense potential and rapid growth of this sector. Green hydrogen is particularly crucial for 'hard to abate' industries, especially where other decarbonisation strategies and technologies prove less effective and more challenging to deploy. Green hydrogen—embedded within the EU’s Renewable Energy Directive II and III guidelines in Europe and the Inflation Reduction Act in the US—is set to play an important role in shaping the future of fuels, particularly sustainable aviation fuel. Substantial investments are already underway in Euro
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Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
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Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off