Hydrogen has been a part of the energy conversation for nearly two decades, but today, the path to a scaled green hydrogen economy finally feels clear. There are many reasons why the landscape is different from even five years ago, including the effects of climate change are no longer theoretical and are becoming more widely accepted. Additionally, countries and states alike have accepted this call to action by setting measurable and actionable climate plans.
“The time to act on green hydrogen is now, there is a pathway, the solutions are here, and green hydrogen is a gamechanger to decarbonize multiple sectors,” says Janice Lin, Founder and President of the Green Hydrogen Coalition (GHC).
Ms. Lin believes green hydrogen will play a major role in multi-sectoral decarbonization and will be a significant source of job creation and economic development. She believes that we can take advantage of our abundant renewables resources to create electrolytic hydrogen.
Hydrogen is a globally traded commodity with a robust international market, but only 1% of that hydrogen is considered green hydrogen, or hydrogen created without using fossil fuel feedstocks. The green hydrogen market has gained significant momentum in the past couple of years and continues to accelerate thanks to falling prices of renewables and government support in areas like Europe and Japan.
Green hydrogen can be used in lieu of natural gas for heat in industrial applications, to replace gas and diesel in vehicles, to replace diesel or bunker fuels for shipping and aviation, and to power hydrogen fuel cells for vehicles and aviation.
Electrolytically produced green hydrogen is on a path to become much cheaper, very quickly. Ms. Lin notes ample supply of low-cost renewable energy are one component that is enabling the cost of green hydrogen production to come down, another is increased demand for technologies like electrolyzers and fuel cells. “Green hydrogen shows similar market entry momentum to solar, wind, and batteries, whose costs have fallen precipitously with scale.”
The Green Hydrogen Coalition is the only educational non-profit dedicated to facilitating policies and practices to advance the production and use of green hydrogen in all sectors where it will accelerate the transition to a carbon free energy system. To learn more visit www.ghcoalition.org