Versatile and plentiful, hydrogen could go a long way toward helping the world meet its climate targets. Already, it’s a component in all eight of the European Commission’s (EC’s) net-zero emissions scenarios for 2050.
Meanwhile, in the U.S., the Department of Energy has initiatives that will spur significant investment in the hydrogen economy—efforts boosted by the Bipartisan Infrastructure Law enacted last year, which features $8 billion for Hydrogen Hubs that expand the use of zero and low-carbon hydrogen in the industrial, power, residential, and transportation sectors. The ability to sustainably produce and transport it could turn low-carbon hydrogen into the everyday alternative-energy resource the world needs.