Hydrogen Whitepaper

Whitepaper

HYDROGEN:
DEVELOPING THE VALUE CHAIN FOR SUSTAINABLY PRODUCED ENERGY

Mar. 16 2021

As the energy transition moves full steam ahead, industry players worldwide continue to invest in cleaner energy sources, with hydrogen among the front-runners. Demand for this carbon-free energy source for numerous industrial uses has increased threefold since 19751 , and is set to grow further as the energy transition accelerates. The European Commission recently announced that by 2050, hydrogen should represent 12-14% of the EU’s overall energy mix2, powering industries from mobility to energy to heavy industry.

However, for hydrogen to fulfill its potential as a sustainable energy source, work must be done to secure a carbon-free value chain for hydrogen generation, storage, distribution and use. Players throughout that chain, including producers, distributors and technology providers, are working to design, build and operate the technology, facilities and infrastructure to make blue and green hydrogen successful energy sources.

 

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