Presented by GreenBiz.
The world is betting on clean hydrogen – but will applying it to decarbonization efforts come up short? Hydrogen is a clean and versatile energy carrier that can be used as a fuel for power, transport and industrial use. These qualities make hydrogen potentially significant in addressing greenhouse gas emissions from the hard-to-decarbonize sectors of the global energy system. However, for hydrogen to make an impact on energy transitions, significant advances are needed. Investment by industry, enabled by supportive government policy, will allow the rollout of hydrogen technology at the scale required to deliver on its potential, but also to achieve cost reductions. Yet, a detailed strategy and solution for large-scale decarbonization is still largely unexplored.