Hydrogen

Hydrogen has emerged as the ideal medium for the energy transition from fossil fuels to renewables, as well as for the reduction of carbon dioxide output from a variety of end-use applications – primarily as industrial feedstock and transportation fuel. It is highly energy-dense, and has no environmental impact.

Hydrogen’s role in the global energy mix is growing in tandem with the urgency of reducing greenhouse gas emissions due to several related factors:

(1) the declining costs of producing so-called Green Hydrogen, which is hydrogen produced by water electrolysis with power supplied from renewable sources i.e. wind and solar;

(2) the improvement in Carbon Capture, Utilization, & Storage (CCUS) technology, which enables production of so-called Blue Hydrogen from Steam Reforming/Gasification of Fossil Fuels, and;

(3) dramatic ongoing improvements in fuel cell technology that enables a multitude of end-use applications.