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New Energy World
New Energy World embraces the whole energy industry as it connects and converges to address the decarbonisation challenge. It covers progress being made across the industry, from the dynamics under way to reduce emissions in oil and gas, through improvements to the efficiency of energy conversion and use, to cutting-edge initiatives in renewable and low carbon technologies.
Betting on green hydrogen
13/4/2022
6 min read
The outlook for the large-scale production of ‘green’ hydrogen is improving and prototype projects are being built in several countries. Here, Nick Cottam takes the pulse of this new industry, which is also addressing hydrogen storage and transportation challenges.
Green hydrogen is a big bet and the odds have changed. Once stymied by the cost and availability of renewable energy, the now hotly tipped power of the future, produced as it is from the most abundant chemical substance in the universe, is beginning to look like a serious contender.
Now cheaper and more readily available, wind and solar power are helping to fuel both a change in the odds and in the stakes on green hydrogen. So too are concerns about energy security and the need in many countries to go ‘cold turkey’ on Russian gas. The industrial, heavy duty energy alternative to fossil fuels, claim countries from the UK to China, is green hydrogen.
In the UK there is an increasingly frenetic race to get green hydrogen plugged into the energy mix, both to power industry and drive heavy duty transport. The government realises (at last) that only by producing hydrogen at scale, rather than in isolated pilots, can costs be brought down and adoption accelerated.