Less Ads, More Data, More Tools Register for FREE

Energy from Hydrogen: Making a cleaner world

Thu, 07th Nov 2024 14:01

The global supply / demand picture for hydrogen is rapidly evolving as the world shifts toward cleaner energy solutions. Hydrogen is viewed as a critical component of this transition. The International Renewable Energy Agency (IRENA) states that the global production of hydrogen now stands at 75 Mt/yr of pure hydrogen, with an additional 45 Mt/yr as a mix of gases. Looking forward, the International Energy Agency (IEA) estimates that already announced projects could increase production by 50% by 2030 and meet up to 10-12% of global energy demand by 2050. Hydrogen can be produced from a variety of resources, including renewables, nuclear energy, and natural gas (with carbon capture). This flexibility offers countries the ability to diversify...

Download