The Future of Green Hydrogen: Can It Power the World in 2023?

In 2023, the world may experience a surge in the use of „green hydrogen,“ a gas that can be used to power vehicles without emitting any climate-harming emissions. Companies like PepsiCo Australia are testing out hydrogen-powered trucks, and there is growing interest in using hydrogen as an alternative to fossil fuels in heavy industries like steel production. There is also potential for hydrogen to be produced from renewable sources. However, there are risks such as global recession and supply chain issues that could prevent its widespread adoption. The success of hydrogen technology will depend on how many electrolyzer projects are completed this year.

The Benefits of Green Hydrogen

Green hydrogen is a renewable energy source that offers many environmental and economic benefits. It is produced by electrolysis, which uses electricity from renewable sources such as solar, wind, or hydropower to split water molecules into oxygen and hydrogen. The resulting hydrogen gas can be used for transportation, heating, and industrial processes. In addition to being an emission-free fuel source, green hydrogen can also be stored and transported easily, making it a flexible option for both large-scale and distributed energy systems. Furthermore, green hydrogen production can create jobs in the renewable energy sector while helping to reduce reliance on fossil fuels.
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Picture source: Shaun Dakin