A Catalyst for Decarbonization In An All-Electric World

Foreign a couple of weeks ago Forbes published an article entitled green hydrogen a catalyst for decarbonization in an all-electric world here's a quick summary and then a few thoughts green hydrogen produced through electrolysis using renewable energy sources has the potential to be a crucial Catalyst for the decarbonization of an all-electric world unlike green and blue hydrogen which rely on natural gas and produce CO2 emissions green hydrogen is renewable and zero emission however its adoption faces challenges

Due to higher production costs the need for overhauling existing energy infrastructure and Regulatory hurdles despite all of these challenges green hydrogen could replace fossil fuels in hard to decarbonize sectors like Aviation and long-haul shipping to facilitate its transition the three suggested steps are number one prioritize direct electrical decarbonization number two capitalize on hydrogen's Dual functionality and number three Reserve hydrogen-based fuels for difficult to decarbonize sectors the use of green hydrogen is closely linked to the expansion

Of renewable energy and it could serve as a valuable energy storage solution according to the author collaboration between Industries technological innovation and clear policy Frameworks are essential to making the transition to a hydrogen economy successful in a sustainable low-carbon future now for the good part cost is the primary obstacle facing Mass adoption of green hydrogen and new hydrogen is working with the brightest engineers and materials scientists to help create the world's cheapest green hydrogen check us

Out at newhydrogen.com to learn how we're working to usher in the new green hydrogen economy that Goldman Sachs estimates to have a future market value of 12 trillion dollars and head over to forbes.com if you'd like to read the full article I'm Steve Hill CEO of new hydrogen and Thanks for watching foreign