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Could Green Hydrogen Become the ‘New Oil’?

Less than one percent of all hydrogen produced today comes from renewables. Is that about to change?

The vice president of Siemens Middle East just called green hydrogen the “new oil” in the coming decades. A lot of big industrial companies and oil majors are taking another serious look at hydrogen. Why?

In an era of extremely cheap renewables that are increasingly being curtailed, hydrogen production could finally be an attractive use. There are emerging regulatory pressures on existing hydrogen production.

This week, we talk with Ben Gallagher, an expert on emerging tech at Wood Mackenzie. He’s the author of a new piece of research on the market. Ben will help us understand what’s different about today’s hydrogen hype. 

Recommended reading:

  • Ben’s research: Green Hydrogen Production: Landscape, Projects and Costs
  • GTM: The Reality Behind Green Hydrogen’s Soaring Hype
  • GTM: 5 Early Applications for Green Hydrogen

Want to share your opinion about the topic? Let us know on Twitter. Follow @InterchangeShow, @shaylekann & @stphn_lacey and send comments about the show.

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Source: Greentech Media