Business Daily
So is the future hydrogen?
Feb 4, 2020
Martin Pei, CTO at SSAB, discusses using hydrogen in steel-making to reduce emissions. Marco Alvera believes hydrogen could replace natural gas for heating. The challenge is lowering the cost of hydrogen production using renewable energy sources.
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Quick takeaways
- Hydrogen can revolutionize hard-to-abate sectors like steel-making by offering a cost-effective, carbon-free alternative.
- Investments in electrolysis technologies are crucial to drive down costs of green hydrogen production for competitive pricing by 2030.
Deep dives
The Role of Hydrogen in Climate Change Mitigation
Hydrogen is considered a potential solution to combat climate change due to its clean burning property that emits only water vapor, not carbon dioxide. It is seen as a vital element in decarbonizing hard-to-abate sectors like steel manufacturing and heavy industries that rely on fossil fuels. The podcast explores the challenges of current hydrogen production methods, emphasizing the need to shift towards green hydrogen production for a sustainable future. The discussion highlights the importance of scaling up technologies like electrolysis to ensure the affordability and competitiveness of clean hydrogen by 2030.
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