Frederic Godemel, EVP power systems and services at Schneider Electric
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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Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
