What is Green Hydrogen?
Green hydrogen is created by splitting water into hydrogen and oxygen through a process called electrolysis, which uses electricity sourced from renewable energies like wind or solar. This results in hydrogen that is 100% carbon-free, making it a sustainable fuel alternative for various applications.
Decarbonizing Heavy Industry with Green Hydrogen
Replacing coal with green hydrogen, the DRI process can cut CO₂ emissions by up to 95%, because the primary byproduct is water vapor, not carbon dioxide
Green hydrogen can be used as a heat source in cement kilns, replacing fossil fuels like coal and natural gas. This would reduce 8% global CO₂ emissions from the fuel
According to McKinsey, the ammonia industry could reduce its emissions by approximately 360 million tons of CO₂ annually by switching to green hydrogen
Methanol and ethylene processes, currently rely on fossil fuel-based hydrogen. Transitioning to green hydrogen could reduce 500 million tons of CO₂ each year.
How is Green Hydrogen Shaping the Future of Energy?
48 projects were mapped out in 4 different regions. The data represents only the available information for the mapped-out projects and does not encompass the complete dataset for each region
By 2030, green hydrogen production is expected to rise exponentially, driven by the declining cost of renewable energy and electrolyzers. This will provide critical support for hard-to-decarbonize sectors like steel and heavy transport. The International Energy Agency (IEA) projects that global hydrogen demand will exceed 115 million tonnes by 2030.
Source: International Energy Agency, "Hydrogen in Clean Energy Transitions" (2023)
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Sustainable and naturally replenished forms of energy, including solar, wind, hydropower, biomass, geothermal, and green hydrogen, which provide clean, carbon-free alternatives to fossil fuels by harnessing sunlight, wind, flowing water, organic matter, and the Earth’s heat to produce electricity, heat, and fuels for several applications.
By 2040, grid-scale battery installations are expected to increase to maintain power stability and meet growing demand as renewable energy sources will account for over 50% of global electricity production.
Offshore wind contributes approximately 7% of global wind energy capacity. However, offshore wind capacity is projected to reach approximately 370 GW by 2030, which represents an increase of over 550%
Decentralized energy systems, powered by local renewable energy sources like rooftop solar and community wind, will become more prominent by 2030. These systems will foster energy resilience in local communities
Methanol and ethylene processes, currently rely on fossil fuel-based hydrogen. Transitioning to green hydrogen could reduce 500 million tons of CO₂ each year.
How Renewable Sources are Shaping the Future of Energy?
Over 1700 renewable energy projects under development were identified, driven by ambitious climate goals, economic incentives, and the push for energy security and sustainable growth
Climate Diplomacy & Policy work together to create a comprehensive approach to addressing climate change. Diplomacy sets the framework for international cooperation and accountability, while policy translates these global commitments into actionable steps within each country, driving efforts to reduce emissions, promote renewable energy, and build climate resilience.
Paris Agreement set targets for reducing greenhouse gas emissions, encouraging countries to adopt policies supporting renewable energy and decarbonization
The EU’s Fit for 55 package targets a 55% reduction in emissions by 2030, establishing frameworks for member states to decarbonize various sectors
The EU’s Emissions Trading System, allows companies to buy or trade emission allowances. Also, carbon taxes and cap-and-trade systems are tools to reduce emissions by assigning a cost
European Green Deal and African Renewable Energy Initiative foster collaboration on climate action, creating region-specific targets and incentives