Industrial clusters can be powered by green hydrogen. Hydrogen produced with renewable resources will become cheaper than fossil fuels by 2030 across a range of applications. Green hydrogen will be used to replace fossil fuels in hard-to-abate sectors. Cooperation on hydrogen industrial clusters between China and Europe could help move the clean energy transition agenda forward. After many years of research, development and advocacy, the hydrogen economy is taking shape. This momentum was sparked by expectations that “green” hydrogen, which is produced with renewable resources, will become cheaper than fossil fuels by 2030 across a range of applications. While most research suggests that the majority of fossil molecules in energy applications will be replaced with clean electrons rather than green molecules, it is becoming clear that direct electrification of everything would be technically impractical and economically burdensome. Spearheading efforts to scale-up hydrogen, the EU – as well as individual member states including Germany, France, the Netherlands, Poland, Portugal and Spain – have already presented their hydrogen strategy documents , with more still under development. Central to EU hydrogen strategy is a massive deployment of electrolysers, as well as the need to import green hydrogen from abroad. To this end, […]
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