Hydrogen based e-fuels to accelerate global transition to clean energy, says GlobalData.
Hydrogen is anticipated to be a game changer in the global transition to sustainable energy by offering fuel cells, alternative propulsion systems, and renewable power.
With the capability to serve as a long-term, large-scale clean energy storage medium that aids power generation from renewable sources, hydrogen, and hydrogen-based e-fuels are reaping the benefits of an unprecedented political and business momentum, says GlobalData, a leading data and analytics company.
Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments:
While the race is on for a net-zero economy, hydrogen jumps to the top of the global agenda.
“Several nations, corporations, energy enterprises, and startups have realized that now is the time to scale up…