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Abstract

The decarbonization of hard-to-abate industries is crucial for keeping global warming to below 2°C. Green or renewable hydrogen, synthesized through water electrolysis, has emerged as a sustainable alternative for fossil fuels in energy-intensive sectors such as aluminum, cement, chemicals, steel, and transportation. However, the scalability of green hydrogen production faces challenges including infrastructure gaps, energy losses, excessive power consumption, and high costs throughout the value chain. Therefore, this study analyzes the challenges within the green hydrogen value chain, focusing on the development of nascent technologies. Presenting a comprehensive synthesis of contemporary knowledge, this study assesses the potential impacts of green hydrogen on hard-to-abate sectors, emphasizing the expansion of clean energy infrastructure. Through an exploration of emerging renewable hydrogen technologies, the study investigates aspects such as economic feasibility, sustainability assessments, and the achievement of carbon neutrality. Additionally, considerations extend to the potential for large-scale renewable electricity storage and the realization of net-zero goals. The findings of this study suggest that emerging technologies have the potential to significantly increase green hydrogen production, offering affordable solutions for decarbonization. The study affirms that global-scale green hydrogen production could satisfy up to 24% of global energy needs by 2050, resulting in the abatement of 60 gigatons of greenhouse gas (GHG) emissions - equivalent to 6% of total cumulative CO₂ emission reductions. To comprehensively evaluate the impact of the hydrogen economy on ecosystem decarbonization, this article analyzes the feasibility of three business models that emphasize choices for green hydrogen production and delivery. Finally, the study proposes potential directions for future research on hydrogen valleys, aiming to foster interconnected hydrogen ecosystems.

Keywords

Renewable energyGreenhouse gasHydrogen technologiesEnvironmental economicsSustainabilityFossil fuelBusinessHydrogen fuelEnvironmental scienceNatural resource economicsHydrogen economyWaste managementEconomicsEngineeringFuel cells

Identifiers

Journal
IEEE Access
Year
2024