Which industries need Hydrogen? - PowerPoint PPT Presentation

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Which industries need Hydrogen?

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Hydrogen has garnered significant interest as a versatile and environmentally friendly energy source due to its potential applications across various industries. Hydrogen has the potential to be very significant in a variety of industries due to its clean energy properties and versatility. Read More - – PowerPoint PPT presentation

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Title: Which industries need Hydrogen?


1
Which industries need Hydrogen?
  • Hydrogen has garnered significant interest as a
    versatile and environmentally friendly energy
    source due to its potential applications across
    various industries. Hydrogen has the potential to
    be very significant in a variety of industries
    due to its clean energy properties and
    versatility.
  • Hydrogen Industries
  • Hydrogen exhibits promising properties as an
    energy source for a multitude of applications.
    Many different businesses find hydrogen to be an
    attractive and adaptable alternative.
  • Download - https//www.marketsandmarkets.com/indus
    try-practice/RequestForm.asp
  • Hydrogen is needed in the following industries
  • Energy and Power Generation
  • The energy industry, particularly power
    generation, stands to gain greatly from the
    utilization of hydrogen. When hydrogen is used as
    a fuel in hydrogen fuel cells, electricity is
    produced the only byproduct is water vapor. This
    can help reduce greenhouse gas emissions in
    addition to encouraging the production of cleaner
    energy.

2
  • Hydrogen Future Growth in Energy and Power
    Generation Industry
  • It is anticipated that hydrogen will be crucial
    to the decarbonization of the power industry.
    When renewable energy sources like wind and solar
    power become more popular, hydrogen has the
    potential to serve as a means of storing excess
    electricity and offering grid balancing services.
  • Hydrogen integration into current power systems
    is expected to rise dramatically in the next
    years, and advancements will be made in
    hydrogen-powered power plants, including gas
    turbines and hydrogen fuel cells.
  • Energy security can be improved, dependence on
    fossil fuels can be decreased, and climate goals
    can be met with the help of hydrogen power
    generation.
  • Transportation
  • Hydrogen is used in automobiles, trucks, buses,
    trains, and even ocean-going ships in the
    transportation sector. Since hydrogen fuel cells
    offer a longer driving range and take less time
    to recharge than regular batteries, they can
    power electric vehicles. Hydrogenated vegetable
    oil is one example of a hybrid fuel that can be
    made with hydrogen and is appropriate for
    internal combustion engines.

3
  • Hydrogen Future Growth in Transportation
    Industry
  • There is a great expectation that the
    transportation sector will use hydrogen as fuel
    more frequently. Hydrogen fuel cell electric
    vehicles, or FCEVs, have the advantage of longer
    driving ranges and shorter refilling intervals
    than battery-electric vehicles.
  • Governments and automakers are providing
    financing for the development of hydrogen
    infrastructure and promoting the manufacture and
    application of FCEVs.
  • Hydrogen's versatilityit may be used in buses,
    trucks, trains, and marine vesselsmeans that the
    transportation industry stands to gain from its
    increased use.
  • Chemical Industry
  • The chemical industry requires hydrogen as a
    feedstock. It is used, among other things, to
    generate chemicals like as methanol and ammonia.
    Fertilizer, petroleum refinery, and the
    manufacture of resins and polymers all require
    hydrogen.

4
  • Hydrogen Potential in Chemicals Industry
  • Hydrogen-related applications in the chemical
    sector are anticipated to grow dramatically. More
    hydrogen would presumably be required as a
    feedstock for chemical reactions like the
    creation of methanol and ammonia.
  • Because of the need to reduce greenhouse gas
    emissions in the chemical industry and concerns
    about sustainability, hydrogen will become the
    cleaner alternative to fossil fuels.
  • Green hydrogen, which comes from renewable
    resources, is likely going to gain traction as
    the chemical industry strives to achieve carbon
    neutrality.
  • These are only a few sectors of the economy that
    hydrogen can help. The need for hydrogen is
    predicted to increase as the global economy
    continues to transition to a low-carbon one, and
    new sectors and uses might also develop.
  • Read More - https//www.marketsandmarkets.com/indu
    stry-practice/hydrogen/hydrogen-industries
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