Anthony Balsiger’s Post

View profile for Anthony Balsiger, graphic
Anthony Balsiger

Senior Recruiter - Consulting APAC at Wood PLC

Green hydrogen will undoubtedly play a huge role in accelerating our energy transition- however, its slow scale-up rate could jeopardise this. This latest insights blog explains how we can accelerate clean hydrogen production through early troubleshooting efforts- interested in finding out more?  Check out the link below👇. https://lnkd.in/gfqJvj7C #greenhydrogen #energytransition

  • In its Hydrogen Insights 2023 report, the Hydrogen Council reported that only 7% of investments in clean hydrogen on a global level have passed FID. Therefore, if hydrogen is to fully realise its potential in facilitating a swift energy transition, we must address the pressing challenges currently blocking its ability to scale up at an early phase. Industrial applications Hydrogen has been a critical feedstock for producing ammonia and key to the chemical, food, and pharmaceutical industries throughout the past century. With mounting pressure to decarbonise, industries such as steel and cement manufacturing are now also turning to hydrogen as a solution to help cut their carbon emissions. A readily available alternative to coal and other carbon-emitting fuels, hydrogen’s high energy density will be necessary for high energy-demanding industrial processes. Because of this, streamlining the process of implementing hydrogen into the industry has become a priority for markets wishing to decarbonise. Sectors heavily reliant on grey hydrogen at present are also on track to switch to green hydrogen. Long-range transport and industries currently reliant on fossil fuels are targets for switching to green hydrogen. Fertiliser production alone is expected to require around 50 million tonnes of green hydrogen per year by 2050, according to the Energy Transition Council. When totalling this shift, it's estimated that to fulfil industrial demand by 2050, we will need to generate more than 500 million tonnes of green hydrogen in the next two decades.

To view or add a comment, sign in

More Relevant Posts

Anthony Balsiger

19,624 followers

View Profile

Explore topics