Big "S" and "E" in Raleway font centered in the middle with a small little orange dot on the right top

Insight & Opinion

The Potential of Green Hydrogen: Opportunities, Challenges, and Future Impact

Hydrogen Tank with wind turbines in the backgroundHydrogen Tank with wind turbines in the background
November 20,2023
Green hydrogen has emerged as a pivotal force in propelling the shift towards a climate-neutral economy, owing to its potential as a carbon-free energy carrier. In response, governments worldwide have pledged substantial commitments to foster their green hydrogen sectors. Our latest whitepaper aims to contextualise these pledges and the true potential of green hydrogen.   Within these pages, we accomplish the following:  
  1. Estimate the necessary investments to meet ambitious targets.
  2. Evaluate the technological readiness of various green hydrogen supply methods, spanning production and transportation.
  3. Project viable pricing for supplying green hydrogen to central Europe.
  4. Draw insightful conclusions on the beneficiaries of the burgeoning hydrogen market.
  Our analysis reveals: transforming hydrogen production from fossil fuels to green sources necessitates significant financial backing. To achieve targets, an annual investment of over $20 billion is required for production capacity development alone, with added costs for infrastructure, transportation, and consumer adoption.   Currently, over 95% of hydrogen stems from carbon-emitting sources. To position hydrogen at the forefront of a carbon-neutral landscape, renewable energy-powered electrolysis is the key, reducing carbon emissions by an impressive 90%.   In the sphere of production technologies, while alkaline electrolysis is industrially available, PEM electrolysis for renewable energy buffering nears realisation. Meanwhile, SOEC, capitalising on process heat for efficiency, is forecasted post-2030.   The intricate challenge lies in green hydrogen’s transportation and storage, dictated by its low energy density and reactivity. Our whitepaper scrutinises compressed gaseous hydrogen, liquefied hydrogen, LOHC, and ammonia as transportation methods. Each presents distinct advantages and drawbacks, with choices determined by volume, distance, and infrastructure.   Enhancing clarity, we spotlight green hydrogen scenarios in Southern Poland. Presently, technical and cost-efficient transportation solutions impede industry growth. Yet, fervent research into hydrogen carriers and transportation holds the potential to surmount these hurdles.   Read the study now and get more detailed information about the opportunities and challenges of green hydrogen.

You may also be
interested in

Contact