Friday, February 24, 2023

Materializing international trade of decarbonized hydrogen by optimizing economic and environmental aspects

Hydrogen (H2) has long been heralded as a promising alternative energy source that can replace fossil fuels, and as a means of achieving carbon neutrality by eliminating carbon dioxide emissions. Despite this potential, the high costs associated with storage and transportation have remained a significant roadblock in realizing a true H2 economy. In the past, the cost of storing and transporting H2 was incredibly prohibitive, however continued research and innovation in the field has seen the development of cost-effective solutions, such as cryogenic storage tanks, liquid hydrogen tankers, and pipelines. As well, the advancements in fuel cell technology have allowed for the combustion of hydrogen with greater efficiency and safety. All this has drastically reduced storage and transportation costs, and allowed for a greater range of applications for H2, from cars to homes and ships. The continued exploration of hydrogen energy solutions opens up a world of opportunity to reduce dependence on fossil fuels, and to achieve carbon neutrality through the use of clean, renewable energy sources. The development of cost-effective systems for the storage and transportation of hydrogen has the potential to revolutionize the way energy is generated, stored and used, and has the capacity to revolutionize the global economy.

https://www.lifetechnology.com/blogs/life-technology-technology-news/materializing-international-trade-of-decarbonized-hydrogen-by-optimizing-economic-and-environmental-aspects

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