This stands to benefit green hydrogen, which is essentially electricity converted to storable gas using electrolysis technologies – green hydrogen production from water. Graham Cooley, chief executive of ITM Power, told Energy Voice that green hydrogen is looking increasingly competitive compared with other green energy alternatives. Hydrogen is the lowest cost method of storing huge amounts of energy for long periods of time.”Renewable green energy targetsThe UK has set out fairly ambitious targets for renewable energy. Green hydrogen energy in transportIndustrial producers such as steel makers will be a key target as they can use hydrogen energy to replace fossil fuels as a feedstock. Green hydrogen energy jobsA report released earlier this month suggested the UK’s green hydrogen industry could generate £320bn for the economy and sustain 120,000 jobs by 2050.

Source: The North Africa Journal November 10, 2020 15:11 UTC