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How green hydrogen could fuel a sustainable economy

In recent years, green hydrogen has emerged as a transformative energy solution, gaining momentum as a vital component in the global transition towards sustainable and carbon-neutral economies. Derived from renewable sources through a process called electrolysis, green hydrogen presents a clean and versatile energy carrier with the potential to revolutionise multiple sectors, including transportation, industry, and power generation.

The remarkable growth and adoption of green hydrogen can be attributed to its versatility and environmental credentials. Unlike grey hydrogen, which is produced from fossil fuels and emits significant carbon emissions, and blue hydrogen, which utilises carbon capture and storage (CCS) to reduce emissions, green hydrogen is generated by electrolysing water using electricity from renewable sources, such as solar and wind power.

Applications across industries

One of the most compelling aspects of green hydrogen is its diverse range of applications. In the transportation sector, green hydrogen holds great promise as a clean fuel for fuel cell vehicles, providing long-range and rapid refuelling capabilities while emitting only water vapor. Industries such as steel, ammonia production, and refineries are exploring green hydrogen as a pathway to decarbonise operations, replacing traditional fossil fuel-based processes with a sustainable alternative.

Overcoming challenges

While the potential of green hydrogen is vast, certain challenges must be addressed to facilitate its widespread adoption. The cost of producing green hydrogen, primarily associated with the electricity required for electrolysis, remains a significant barrier. However, as renewable energy costs continue to decline and efficiencies improve, the economic viability of green hydrogen is steadily improving.

A sustainable energy transition

As the world strives to achieve ambitious climate goals and reduce carbon emissions, the growth and adoption of green hydrogen have positioned it as a pivotal element in the transition to a sustainable energy future. Its capacity to store and transport energy efficiently, combined with its potential to integrate with renewable power generation and decarbonise hard-to-abate sectors, makes green hydrogen a critical component of the global energy landscape.

Hive’s green hydrogen strategy

Hive Hydrogen, a subsidiary of Hive Energy, is working on six green hydrogen/ammonia developments across the globe. Our three core projects are in South Africa, Spain, and Chile. Our Coega project, in South Africa, was launched in December 2021 and the team is quickly progressing the solar farms for the site, as well as the ongoing development for the green ammonia hub. Following closely is our Albamed site in Spain that we launched in early 2023. The Albamed project will support Spain’s ambitious RES goals once operational by 2030.

In conclusion, the rise of green hydrogen represents a monumental shift towards a cleaner, more resilient, and versatile energy economy. With ongoing advancements, collaborative efforts, and strategic investments, green hydrogen is paving the way for a future where clean energy solutions play a central role in addressing climate change and fostering sustainable development.

Coega Green Ammonia

Port Elizabeth, South Africa

Gente Grande Green Ammonia

Tierra del Fuego, Chile