The Daily Brief Why Green Hydrogen Could Revolutionize Clean Energy
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Jan 8, 2025 Discover the game-changing potential of green hydrogen in the clean energy transition. Learn how this innovative energy source promises a cleaner future while facing hurdles for widespread implementation. Delve into Adani's bold move into the petrochemical sector and its implications for the Indian economy. The discussion highlights both the transformative opportunities and competitive landscape in this rapidly evolving market.
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Green Hydrogen Promise
- Hydrogen energy promises clean power and drinkable water byproduct.
- Green hydrogen, produced from water using renewable energy, is the cleanest form.
Hydrogen's Niche
- Hydrogen is needed in "hard-to-electrify" sectors like steel, cement, and heavy transport.
- It offers high energy density impractical for batteries in these applications.
Green Hydrogen Production Status
- Global green hydrogen production is currently less than 100,000 tons annually, mostly in China.
- The world needs 500 million tons by 2050, posing a significant scaling challenge.