Hydrogen and its potential as a clean fuel are hitting headlines, as countries representing over half of the global GDP announced a 12-month plan during last year’s COP27 climate talks in the coastal Egyptian resort of Sharm el-Sheikh.
The fuel of the future
All stars seem aligned for hydrogen to help make clean technologies cheaper and more accessible everywhere.
Here’s why. The 47-nation group, including Australia, China, the UAE, the European Commission and all G7 nations, agreed to deploy at least 100 hydrogen valleys — locally integrated hydrogen ecosystems that cluster several industrial and research initiatives to carry out pilot projects across the complete hydrogen value chain.
Additionally, their target to deploy “50 large scale net-zero emission industrial plants” is likely to create demand for hydrogen production.
While COP27 sent a clear signal of policy direction to investors and companies, this push for hydrogen is not new to the energy sector that has already been scaling up investments in cleaner and more sustainable technologies to achieve net-zero.
Philippe Allienne, industry...
Turning to hydrogen to meet net-zero goals
