Black & Veatch: Hydrogen Economy Taking Shape as Decarbonization Planning, Investments Accelerate. New eBook highlights role of hydrogen in reducing carbon emissions within energy-intensive industries
With expectations rising for more than $10 trillion (USD) of investments in hydrogen economy and infrastructure by 2025, clean-burning, energy-dense hydrogen will be a critical element in decarbonizing the world’s energy systems, supply chains and heavy industries, finds Hydrogen 2021: The Path to Net Zero Becomes Clearer, a new eBook from energy transition leader Black & Veatch.
Jason Rowell, associate vice president and global technology portfolio manager with Black & Veatch’s global power business:
While renewable energy, including battery energy storage, are playing a vital role in achieving the world’s decarbonization targets, the need for a balanced generation portfolio continues
“Hydrogen will play a pivotal role in tomorrow’s energy systems and we need serious investment in hydrogen today to achieve a shared vision for a more sustainable planet.”
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Hydrogen 2021: The Path to Net Zero Becomes Clearer explores how planning, policies and investment in hydrogen as a zero-carbon fuel are gathering momentum and where progress is already underway.
Key applications identified in the report include uses across power generation, transportation, residential and industrial heating, green chemicals and energy storage, which offers another alternative to battery energy storage. Plus, hydrogen’s ability to be stored and transported as ammonia will also help spur wide-scale adoption, particularly given the extensive existing global infrastructure.
Download your free copy of Hydrogen 2021: The Path to Net Zero Becomes Clearer today.
Black & Veatch: Hydrogen Economy Taking Shape as Decarbonization Planning, Investments Accelerate, March 16, 2021
