Green Hydrogen Market – Forecast, 2024-2030
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The Green Hydrogen Market size is?estimated to reach $3.6 Billion by 2030, growing at a?CAGR of 14.1% during the forecast period 2024-2030.
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#greenhydrogen?is a highly reactive fuel that is generated by using electrolysis, powered by renewable sources. Electrolysis is the method that uses an electrical current to separate the hydrogen from the oxygen in the water.
Green hydrogen produced by the #electrolysis of #water is less than 0.1% of total hydrogen production. Green hydrogen generated from renewable sources eliminates the risk of carbon dioxide production. It provides energy with significantly lower carbon emissions as compared to other energy sources like coal, and oil.
Green hydrogen can be used as a substitute product to remove #greenhouse #gas emissions from the #environment. Green hydrogen provides a versatile, zero-emission fuel for power generation and mobility.
The high adoption of green hydrogen aids the global energy transition from fossil fuel to carbon-neutral energy and help to decarbonize sectors that are tough to electrify, such as steel and cement production, which is further useful to limit the climatic changes that occur due to the high carbon emission.
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? Siemens Energy acquired a majority stake in Sunfire, a German #electrolysis solutions provider. This acquisition strengthens #Siemens #Energy's #green #hydrogen offerings and expands its electrolyzer capacity.
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The #mobility industry involves many types of vehicles for the #transportation of goods from one place to another. These vehicles are responsible for carbon emissions in the #environment which is the most common cause of air #pollution. According to Statista, in 2020, 276 million vehicles were registered in the US. Including passenger cars, #motorcycles, #trucks, buses, and other vehicles. A total of 11 million units of light trucks were sold in the U.S. in the same year.
?????? ?????????????? ?????? ?????????????? ??????: Hyundai Commercial Vehicle and Hydrogen Business | Chiyoda Philippines Corporation | ENEOS-Hydrogen | PETRONAS | Air Products | Air Liquide | Johnson Matthey | MAHLE | Schaeffler | Shell Catalysts & Technologies | De Nora | Sungrow Power Supply Co., Ltd. | GTT (Gaztransport & Technigaz)