hwareg.blogg.se

Free the future of a radical price
Free the future of a radical price







“It is the missing part of the puzzle to a fully decarbonized economy,” the European Commission wrote in a July strategy document. In fact, Germany has allocated the largest share of its clean energy stimulus funds to green hydrogen. Germany has allocated the largest share of its clean energy stimulus funds to green hydrogen.Įurope, which has an economy that is saddled with high energy prices and is heavily dependent on natural gas from Russia, is embracing green hydrogen by providing funding for construction of electrolysis plants and other hydrogen infrastructure. “The last 15 percent of the economy is hard to clean up - aviation, shipping, manufacturing, long-distance trucking,” Fakhry said in an interview. Experts like Fakhry say that while wind and solar energy can provide the electricity to power homes and electric cars, green hydrogen could be an ideal power source for energy-intensive industries like concrete and steel manufacturing, as well as parts of the transportation sector that are more difficult to electrify. “It is very promising,” said Rachel Fakhry, an energy analyst for the Natural Resources Defense Council. While the fuel is barely on the radar in the United States, around the world a green hydrogen rush is underway, and many companies, investors, governments, and environmentalists believe it is an energy source that could help end the reign of fossil fuels and slow the world’s warming trajectory. Green hydrogen? The Saudis aren’t alone in believing it’s the next big thing in the energy future. It claims to be the world’s largest green hydrogen project, and more Saudi plants are on the drawing board.

free the future of a radical price

The plant is powered by four gigawatts generated from wind and solar projects that sprawl across the desert. Last summer Air Products & Chemicals - a large US gas company - announced that, as part of Neom, it has been building a green hydrogen plant in Saudi Arabia for the last four years.

free the future of a radical price

The Saudis are going big on something called green hydrogen, which is a carbon-free fuel that is made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules.

free the future of a radical price

And what energy product will be used both to power this city and sell to the world? Not oil. The $500 billion city - complete with flying taxis and robotic domestic help - is being built from scratch and will be home to a million people.

free the future of a radical price

Saudi Arabia is constructing a futuristic city in the desert on the Red Sea called Neom. This article first appeared in Yale Environment 360.









Free the future of a radical price