Hydrogen

Hydrogen is one of the most abundant elements on earth. It already plays a crucial role in today's energy landscape and is an essential element in a broad range of industries, such as chemical, refining, and steel. On top of this, hydrogen is a crucial component in the production of derivatives, such as ammonia and methanol. 

The abundance of hydrogen coupled with its potential for sustainable methods of production, positions it as a promising solution in the global energy transition. Not surprisingly, hydrogen's use tripled from 1975 to 2018, according to the International Energy Agency (IEA). 

Low-carbon hydrogen (also commonly referred to as ‘blue’ hydrogen) and green hydrogen offer essential pathways for rapidly decarbonizing energy-intensive sectors that cannot be directly electrified. Sectors like aviation, shipping, steel, cement, fertilizer, refining, and chemical production will thus be able to implement hydrogen energy to reduce their carbon footprint.