Hydrogen Generation Market- Forecast, 2024-2030

Hydrogen Generation Market- Forecast, 2024-2030

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The hydrogen generation market size was estimated at USD 170.15 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2030.

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Hydrogen is today enjoying unprecedented momentum. The world should not miss this unique chance to make hydrogen an important part of our clean and secure energy future.

Hydrogen is the simplest #element on earth it consists of only one proton and one #electron and it is an #energy carrier, not an #energy source. Hydrogen can store and deliver usable energy, but it doesn't typically exist by itself in nature and must be produced from compounds that contain it.

To produce hydrogen, it must be separated from the other elements in the #molecules where it occurs. Hydrogen can be produced from many different sources in different ways to use as a fuel. The two most common methods for producing hydrogen are?steam-methane reforming?and?electrolysis?(splitting water with electricity).

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??????????-?????????????? ?????????????????? is a widely used method of commercial hydrogen production?accounts for nearly all commercially produced hydrogen in the United States. Commercial hydrogen producers and petroleum refineries use steam-methane reforming to separate hydrogen atoms from carbon atoms in methane (CH4).

???????????????????????? uses #electricity to produce hydrogen:?is a process that splits #hydrogen from water using an #electric current. #Electrolysis is commonly used in high school science classes to #demonstrate chemical reactions and hydrogen production. On a large, commercial scale, the process may be referred to as #power-to-gas, where?power?is electricity and hydrogen is?gas.

?????? ?????????????? ?????? ?????????????? ??????: Parker Hannifin | ENGIE North America Inc. | Ontario Power Generation | Nikola Corporation | Ohmium | Bloom Energy | Plug Power | Mitsubishi Power Americas | Sargent & Lundy | Enercon Services, Inc. | FuelCell Energy | U.S. Energy | Ballard Power Systems

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