Green hydrogen is one of the most important of these technologies.
Where we require oxidisation processes to produce steel and cement, or where we use ammonia-based fertiliser to feed the world, or in applications like shipping and freight that call for fuels with high energy densities, the chemistry of our planet means that green hydrogen is the leading scalable solution to reduce greenhouse gas emissions.
This is why hydrogen is increasingly on the agenda for governments, businesses and civil society groups. Analysts including McKinsey & Company and Bank of America predict the marketplace for hydrogen production and fuel cell equipment could grow to over four trillion dollars annually by 2050.
In this rush to develop more hydrogen production, definitions are becoming blurred between hydrogen production that is genuinely green, and hydrogen production that is branded “clean” but is ultimately a by-product of the fossil fuel sector.
This is where the Green Hydrogen Organisation steps in. We believe that green hydrogen, produced through the electrolysis of water using renewable energy, is a fundamentally different technology to hydrogen made from gas and coal. Green hydrogen needs its own organisation to represent it at a global level. Green hydrogen’s growth is dependent on a fundamentally different set of policy settings and investment decisions than fossil fuel hydrogen. Green hydrogen is a genuine, long term solution to climate change, and should be the focus of investors and governments looking to support a permanent transition to hydrogen fuels.
Fossil fuel hydrogens, like blue, brown and grey hydrogen, are at best a stop-gap transition measure, and at worst, a pathway that helps keep the fossil fuel sector alive far longer than is desirable. The emissions from fossil fuel hydrogen production are extraordinarily high, in some cases higher than the use of coal to generate electricity. The promise of carbon capture technology remains unproven at scale. Similar promises about carbon capture in the past have not come true. Fossil fuel hydrogen is a road to nowhere, risks creating stranded assets, and diverts focus and attention from the rapid, energetic scaleup of green hydrogen.
There is another way in which green hydrogen is fundamentally different to fossil fuel hydrogen, and the larger fossil fuel sector. Green hydrogen can reconfigure global energy systems for the better. Any country with an endowment of renewable energy can produce green hydrogen, develop energy self-sufficiency, and create export opportunities. Green hydrogen has the potential to decentralise the concentration of energy wealth and create a more just distribution of energy. Green hydrogen can be at the centre of a just transition to zero carbon energy.
Green hydrogen is under-represented in global discussions on clean energy solutions and remains a low priority for development agencies. A concerted effort by producers, infrastructure operators, and customers is required to grow the green hydrogen sector at the pace required to avert a climate catastrophe.
It is for these reasons that the Green Hydrogen Organisation has been established. We hope you can join us on this mission.