The Hydrogen Council, a group of 18 companies from the automotive, oil and gas, commercial gas and equipment industries, presented their ideas on how hydrogen can help achieve ambitious climate goals at the COP23 conference in Bonn two years later. He sees hydrogen as a carrier of green energy for a variety of uses and as a tool for the shift to a renewable energy system. According to the council, hydrogen could provide about 1/5 of the total amount of greenhouse gas emissions to be avoided by 2050 if significant efforts are made to keep global warming below 2 degrees. While ambitious, this vision is viable as long as policymakers, companies and investors increase their efforts to accelerate the adoption of low-carbon technologies.
How hydrogen paves the way for electronic transformation
Hydrogen, a versatile energy source with a minimal carbon footprint, can be produced. It can perform seven main functions in energy conversion, from supporting the main power system to reducing carbon emissions in end-use applications.
carbon reduction in
The modern transport industry emits CO2 and is almost entirely dependent on fossil fuels. With their superior efficiency and fast-charging simplicity, hydrogen-powered vehicles can keep up with battery-powered vehicles, allowing for a broad transition to low-carbon transportation segments.
Reducing carbon emissions in energy construction
Hydrogen could benefit from existing infrastructure in areas with natural gas networks and offer a reasonably priced method of decarbonizing heating.
Facilitate the use of renewable energy
Hydrogen can facilitate the widespread use of renewable energy in the electrical grid, offering a method of long-term energy storage. It allows for distribution of electricity across geographic areas and seasonal changes and can act as a buffer to increase the robustness of the power system.
Supplying healthy raw material for the industry.
With more than 55 million tons of hydrogen used as raw material in the industry; this amount can be completely decarbonized. Acting as a raw material alongside the collected carbon and as a reducing agent in iron ore, hydrogen can also be used to create cleaner steel and chemicals.
What steps are taken globally to support fuel cell and hydrogen technology?
To improve fuel cell and hydrogen technologies, a group of areas spends more than US$850 million per year (Graph 4). China hopes to expand its own production capacity along with its gas station network, and is one of the nations that is enthusiastically following this strategy. Worldwide, nations have already declared that they will build 2,800 hydrogen filling stations by 2025. While this is a small number compared to the projected 600,000 gas stations worldwide, if achieved, it would be enough to cover major markets. of hydrogen powered vehicles.
Final grade
Based on current multipliers of approximately 12 jobs per US$1 million of revenue in the automotive, equipment and oil and gas industries, investments could, in the medium term, create a sustainable market, having to move US$ 2.4 billion and create around 30 million new jobs along the value chain, if the mid-century vision is realized. Furthermore, with the goal of sustainability on which the world bases its ideology, it is important to base your personal investments on virtual and sustainable methods, without relying on paper money. through the site pattern merchant official website , you can now invest and trade cryptocurrencies without having to rely on traditional and complicated training methods. Furthermore, the official pattern trader website is the one-step solution to generate winning profits, while the sustainable future seems to reduce the space for paper currencies.
