Unveiling the Transformative Role of Green Hydrogen in Global Energy Transition
ResearchAndMarkets.com has introduced the “Global Market for Green Hydrogen 2024-2035,” shedding light on the pivotal role of green hydrogen production in catalyzing broader adoption across various industrial applications.
Transformative Green Hydrogen Production
Green hydrogen, produced through electrolysis powered by renewable energy, stands as a carbon-neutral alternative to conventional hydrogen production methods. Electrolyzers, pivotal for scaling green hydrogen production, utilize electricity to split water into hydrogen and oxygen gas streams. This process, coupled with renewable energy sources like solar, wind, or hydro power, ensures sustainable and eco-friendly hydrogen production.
Driving Factors for Green Hydrogen
Technological innovations, manufacturing scale-up, and increased integration of renewable electricity are essential for cost reduction and displacing fossil-based hydrogen in industries such as refining, fertilizer, and chemicals. As green hydrogen scales, it emerges as a crucial energy storage solution and facilitates the decarbonization of hard-to-electrify sectors like steel, ammonia, and transportation, contributing significantly to achieving global net-zero targets.
Technological Breakdown
Detailed technological analysis focuses on the next generation of electrolysis techniques for scalable green hydrogen production. The comparative assessment covers alkaline, polymer electrolyte membrane, anion exchange membrane, and solid oxide electrolysis systems. It explores component materials, system configurations, costs, manufacturing challenges, and profiles key innovative companies driving these technologies.
Holistic Coverage
The report goes beyond production, encompassing hydrogen storage and distribution infrastructure, utilization in fuel cell electric vehicles, synthetic fuel production, and applications in aviation, shipping, and heat/power sectors. Over 120 company profiles, ranging from major corporations to innovative startups, are featured, showcasing breakthroughs across the entire hydrogen value chain.
As the world navigates the transition to sustainable energy solutions, green hydrogen emerges as a transformative force. The report provides a comprehensive guide for stakeholders, offering insights into the latest technologies, market trends, and key players driving the global green hydrogen revolution.
Source：prnewswire.com
