When hydrogen is used in fuel cells or combustion, the only byproduct is water vapor, making it a clean energy source. This can contribute to reducing greenhouse gas emissions, particularly if produced using renewable energy sources. Hydrogen can be used in a variety of sectors, including transportation, industry, and power generation.
Hydrogen can play a crucial role in energy storage, helping to address the intermittent nature of renewable energy sources. Excess electricity generated during peak times can be used to produce hydrogen through electrolysis, and this hydrogen can then be stored and used when demand is high or when renewable energy generation is low.
INVESTING IN THE HYDROGEN ECONOMY
With the rapid growth of the hydrogen economy, opportunities exist in hydrogen production, storage, and transportation. Currently, a significant portion of hydrogen production comes from natural gas, which emits carbon dioxide. Achieving widespread adoption of hydrogen as a clean fuel will require advancements in technology, infrastructure development, and a shift towards renewable methods of hydrogen production (green hydrogen).
Contact us today to discuss new net-negative projects.