Hydrogen Revolution: Investments, Challenges, Net-Zero by 2050
Here’s a report seen in a document on the site of Hydrogen Council that explains how Hydrogen can cool hot industry emissions.
According to the report,
- Industrial heating pollutes with coal/gas, especially high-temperature processes.
- Hydrogen offers clean alternatives for high-grade heat (400+°C) like cement, glass, aluminium.
- Potential demand by 2050: 70 million tons – mainly high-grade heating.
- Hydrogen can be produced from renewables or with carbon capture and storage.
- Challenges: production volume, infrastructure upgrade, current cost.
- Opportunities: creating a clean industrial revolution, reducing emissions.
Interestingly, we have some other posts related to this content:
Global Hydrogen Production Market Growth: The global hydrogen production market was valued at $130 billion in 2021 and is estimated to grow at a rate of 9.2% per year, reaching a value of $2.81 trillion by 2030.
