There are, however, concerns that fossil fuel firms could lock in the blue hydrogen policy to extend the life of their current assets.
noted that green hydrogen has a great deal of potential to address the world’s energy needs while advancing climate change mitigation efforts.Represented by the ‘H’ symbol, hydrogen is described as a flammable gaseous substance that is colourless, tasteless, and odourless. It is said to be one of the most common and simplest members of chemical elements which occurs naturally and in compound form when it combines with other elements.
“One of the most promising methods to produce low-carbon hydrogen is to split it from water using electricity, a process known as electrolysis”, aHydrogen produced through electrolysis can be in a liquid or gaseous state and can be easily stored or transferred through pipelines. In a nutshell, green hydrogen is versatile, reactive, transportable, burns clean, and can be produced with low or zero emissions.
Although more research is required, it is evident that hydrogen plants will need severe leak protection. Therefore, the extent to which hydrogen is truly carbon-free depends not only on how it is produced but also on how it is used and transported.by Heinrich Boll Foundation stated that projects involving green hydrogen need a lot of renewable energy capacity. However, access to resources, water supply, or land use could all suffer due to green hydrogen projects.
There are also concerns that fossil fuel firms could lock in the blue hydrogen policy to extend the life of their current assets.For nations dependent on fossil fuels, low-carbon hydrogen has the potential to increase export revenue, thereby attracting foreign direct investment in the energy sector.
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