One of the greatest gifts of technology is the ability to solve the challenges of humanity and to do so in new ways that are environmentally responsible and sustainable. Thanks to technology, it is possible to meet the demand for energy production while also achieving aggressive carbon reduction goals. For example, the development of hydrogen as a fuel source provides one of the most viable pathways to a low-carbon future.
After being discussed for decades, hydrogen is now in the early stages of large-scale adoption in the energy supply. As low-carbon fuel options evolve over the coming decades, it is clear that hydrogen will play a large role in decarbonizing our world both thermally and electrically.
There are several drivers of the growing demand for hydrogen as a fuel source. It has unique and highly compelling characteristics: Hydrogen emits no carbon in combustion and can be considered a zero or lower-carbon fuel, depending on the energy source used in its production. It offers great flexibility and enhanced energy security, as it can be generated from a variety of resources either locally/ on-site or centrally for distribution. In addition, hydrogen is an attractive alternative or complement to another major trend in decarbonization: electrification. This strategy cannot stand alone due to the aging grid infrastructure, the intermittent nature of most renewables, and the energy density constraints of battery storage. Hydrogen can also be used to supplement and/or replace fossil-based gaseous fuels in today’s existing energy infrastructure.
The potential for hydrogen as a climate-neutral fuel for combined heat and power systems is currently being demonstrated in numerous commercially operating projects, including multiple installations in which 2G Energy Inc. is a partner.
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