Bridging the gap to net-zero
The climate change emergency calls for global commitments to net zero CO2 emissions by 2050. Renewables alone, are not sufficient to achieve this target.
Hydrogen as a clean burning molecule, a versatile energy carrier and an effective energy storage solution has the potential to bridge our decarbonisation objectives.
Cleanly produced hydrogen and its derived fuels can act as a green energy vector and decarbonize hard-to-abate sectors, sectors difficult or impossible to electrify, as well as empower the share of renewables by serving as a storage medium for excess energy.
The “Hydrogen Economy” cleared for take-off
The path to large-scale clean hydrogen deployment is being favored by:
- Global decarbonisation & sustainability concerns
- Impressive innovations & advancements in the hydrogen technologies
- A lowering production price trajectory
- Strong financial support by both public and private actors.
The transition to clean hydrogen would drive $11 trillion worth of investments in infrastructure and create more than 30 million jobs globally by 2050.