ELI VIAMONTES — SETX well positioned for hydrogen industry growth
Published 12:03 am Wednesday, September 7, 2022
Companies across all industries are seeking to reduce emissions and associated costs from operations, and the power industry is no different.
When it comes to generating clean energy, utilities have traditionally looked to renewable and nuclear resources; however, hydrogen is a viable option for renewable energy storage and reliable, clean power generation.
Demand for the nonpolluting element has tripled since 1975, and development of low-to-zero carbon hydrogen production continues to grow across the world to support the decarbonization goals of countries and companies.
Closer to home, there have been recent developments in funding opportunities to incentivize clean energy production,…