What is it?
Green hydrogen is hydrogen produced using renewable energy sources, such as solar, wind, or hydro power, to electrolyze water into hydrogen and oxygen. Unlike traditional hydrogen production methods that rely on fossil fuels, green hydrogen offers a clean, sustainable, and low-carbon alternative.
Why is it important?
Green hydrogen can significantly reduce greenhouse gas emissions by replacing fossil fuels in various sectors, contributing to global efforts to mitigate climate change. Hydrogen can be used as a long-term energy storage solution, helping to balance the intermittency of renewable energy sources and ensuring a stable and reliable energy supply. Green hydrogen can facilitate the integration of renewable energy across different sectors, such as transportation, industry, and buildings, enabling a more efficient and sustainable energy system.
What industries will it impact?
Energy, Transportation, Manufacturing, Agriculture.
Market players
Advanced Ionics, Aker Horizons, C-Zero, Dynelectro, Ekona Power, Electric Hydrogen, Enapter, EvoIOH, FuelCell Energy, Heliogen, HiiROC, Hystar, HydrogenPro, Innova Hydrogen, Thyssenkrupp Nucera