The hype surrounding green hydrogen, often referred to simply as "green H2," has been growing in recent years due to its potential to address key challenges related to energy transition, decarbonization, and sustainability. Green hydrogen is pro...
ENERCO Energy is active in Green H2 space.
The hype surrounding green hydrogen, often referred to simply as "green H2," has been growing in recent years due to its potential to address key challenges related to energy transition, decarbonization, and sustainability. Green hydrogen is produced using renewable energy sources through a process called electrolysis, which splits water molecules into hydrogen and oxygen.
Here are some reasons behind the increasing hype around green hydrogen:
Clean Energy Transition: Green hydrogen is considered a key enabler of the transition to a low-carbon and renewable energy future. It offers a versatile and scalable energy storage solution that can complement intermittent renewable energy sources like solar and wind power. By converting excess renewable energy into hydrogen during periods of oversupply, green hydrogen can be stored and used later to produce electricity, heat, or fuel.
Decarbonization of Hard-to-Abate Sectors: Green hydrogen has the potential to decarbonize sectors that are challenging to electrify directly, such as heavy industry, transportation (including aviation and shipping), and heating. By replacing fossil fuels in these sectors with hydrogen-based fuels or feedstocks, emissions can be significantly reduced, contributing to global efforts to mitigate climate change.
Technological Advancements: Advances in electrolysis technology, renewable energy integration, and hydrogen infrastructure have made green hydrogen production more efficient, cost-effective, and scalable. Continuous innovation and research efforts are driving down the costs of electrolyzers and improving the performance of hydrogen production processes.
Policy Support and Investments: Governments around the world are increasingly recognizing the potential of green hydrogen and implementing supportive policies, incentives, and funding mechanisms to accelerate its deployment. National hydrogen strategies, investment programs, and public-private partnerships aim to stimulate demand, scale up production, and build a robust hydrogen economy.
Industry and Market Momentum: Major industries, energy companies, and technology providers are increasingly investing in green hydrogen projects and initiatives. Collaborations and partnerships across sectors, value chains, and regions are driving innovation, scaling up production, and commercializing hydrogen-based applications.
Global Momentum and Cooperation: Green hydrogen has garnered attention as a global priority in international forums, initiatives, and agreements focused on sustainable development, climate action, and clean energy. Cooperation among countries, regions, and stakeholders is essential to unlock the full potential of green hydrogen and address common challenges related to technology deployment, infrastructure development, and market integration.
Size: 1014.49 KB
Language: en
Added: May 01, 2024
Slides: 16 pages
Slide Content
ENERCO ENERGY SOLUTIONS LLP
GREEN H2
WHY THE HYPE?
BACKGROUND
Background
Green Hydrogen
•
Presently most H2 in India through reforming methane
(CH4) resulting in significant CO2 emissions
•
Huge opportunity in India as abundant Solar energy
•
H2 being used as Industrial feedstock in chemical, fertilizer,
metals etc.
•
Rising demand for H2 and associated / emerging
applications –electric vehicles, fuel cells, H2 gas turbines
etc.
Background
EnergyTransition
•
From conventional to renewable is taking place at a rapid pace
with RE100 goals by several organizations.
•
Govt.regulatory and policy support for achieving net-
neutrality.
Decarbonization
•
GreenH2 will play critical role in carbon neutralization.
•
It will also support powerful alternative to RE transportability
and storage.
GREEN H2 –WHY THE
HYPE?
Green H2 : Renewable Energy
Source
Made from renewable energy sources like solar, wind,
hydropower etc.
Green H2 : Energy storage
Addresses intermittent nature of renewable energy sources
can be stored in both as a gas or liquid
Green H2 : Energy independence
Can help in reducing dependence on fossil fuels enhancing
energy security
Green H2 : Decarbonization
Versatile energy carrier with a variety of applications
Green H2 : Existing Infrastructure
Existing gas infrastructure can be repurposed to transport and
distribute H2 no additionalCO2footprintfordistribution
Green H2 : Additional points
Technological Advancements
Research and development in green hydrogen production
and utilization technologies are ongoing. As technology
improves and economies of scale are realized, the cost of
green hydrogen is expected to decrease, making it more
competitive with fossil fuels.
International Cooperation
Many countries and international organizations are
recognizing the importance of green hydrogen in achieving
climate goals. Collaborative efforts and investments are being
made to accelerate the development and deployment of
green hydrogen technologies.
ABOUT ENERCO
ENERCO
Energy
1 mn+ kWh
(eqv.) saved
since 2009
through
sustainability
measures
Harvard certified
& IIT-B alumnus
energy experts
13+ years serving
reputed clients
ENERCO clients
(since 2009)
And more…
About ENERCO
•
Green energy company focused on sustainability since
2009
•
On-board technocrats and experts across spectra:
•
Solar PV
•
Power
•
Energy efficiency
•
Chemical
•
Technically advanced solutions for green energy,
sustainability and decarbonization
Thank You
ENERCO Energy Solutions LLP [email protected]
+91 20 35904874 ( )
+91 9890737447 (
??????
)
EnercoEnergySolutions.com