Hydrogen: An alternative future source of energy

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class="grid-x grid-margin-x grid-padding-y"> <div class="cell"> <a class="button clear trim show-for-small hide-for-medium"> <i class="gd-ico gd-chevron-left color-border"></i> <span>Back to ESG</span> </a> <nav class="hide-for-small show-for-medium" aria-label="You are here:" role="navigation"> <ul class="breadcrumbs"> <li> <a href="/">Home</a> </li> <li> <a href="/esg/overview">ESG</a> </li> <li> <span class="show-for-sr">Current: </span>Hydrogen </li> </ul> </nav> <header class="header-action"> <header> <h1 class="decor-alpha">Hydrogen</h1> </header> <main> <p> Hydrogen is a clean fuel that does not emit CO2 on combustion and also offers greater energy security. Today, hydrogen is largely used of as a feedstock for industrial processing, in the production of ammonia for fertilizers (around 50%), in refining (35%), and in food, electronics, glass and metal industries. Now, with global leaders in the energy industry in search of solutions that help achieve decarbonization or enhance energy security, the use of hydrogen as an energy vector is gathering momentum. </p> </main> </header> </div> </div> </div> </div> <div class="grid-container fluid shade"> <div class="grid-container"> <div class="grid-x grid-margin-y"> <div class="cell"> <header class="header-action"> <header> <h2>Related Reports</h2> <a class="button clear trim" href="https://store.globaldata.com/search?s=Hydrogen"> <span>View all</span><i class="gd-ico gd-chevron-right color-border"></i> </a> </header> </header> </div> <div class="cell"> <div class="grid-x grid-margin-x grid-margin-y"> <div class="cell"> <div class="card data bar breakout img-aspect_16_9 prominent letterbox-morph"> <header data-slice="4of12"> <section> <figure class="letterbox"> <img src="https://assets.globaldata.com/gdcom/assets/img/esg/ESG5411674.webp" alt=""> </figure> </section> </header> <main data-slice="8of12" class="stack"> <main> <section class="detail "> <a href="https://www.globaldata.com/store/report/hydrogen-economy-trend-analysis/">Hydrogen Economy – Key Disruptive Forces for Global Transition to Sustainable Energy</a> </section> <section class="summary"> <p> With intensified discussions around net-zero by 2050, hydrogen jumps to the top of the global agenda. The growing pressure on countries and companies for zero carbon emissions and the declining hydrogen production costs are the key factors driving investments into renewable hydrogen, fuel cells, hydrogen carriers, and advanced storage materials. 
 </p> </section> </main> <footer> <section> <div class="button-collection"> <a class="button" href="https://www.globaldata.com/store/report/hydrogen-economy-trend-analysis/"> <span>Free download</span> </a> </div> </section> </footer> </main> </div> </div> <div class="cell medium-4"> <div class="card data prominent letterbox-morph"> <header> <section> </section> </header> <main> <section class="detail "> <a href="https://www.globaldata.com/store/report/hydrogen-in-mining-theme-analysis/">Hydrogen in Mining- Thematic Research</a> </section> <section class="summary"> <p> Hydrogen remains one of the most abundantly available and commonly known elements in the world, and it will become a game-changer with its noteworthy contribution to clean energy transitions. Sectors such as oil refining and ammonia, methanol, and steel production have been using hydrogen extensively.
 
 </p> </section> </main> <footer> <section> <div class="button-collection"> <a class="button" href="https://www.globaldata.com/store/report/hydrogen-in-mining-theme-analysis/"> <span>Free download</span> </a> </div> </section> </footer> </div> </div> <div class="cell medium-4"> <div class="card data prominent letterbox-morph"> <header> <section> </section> </header> <main> <section class="detail "> <a href="https://store.globaldata.com/report/hydrogen-in-oil-and-gas-theme-analysis/">Hydrogen in Oil and Gas – Thematic Research</a> </section> <section class="summary"> <p>The oil and gas industry is the largest consumer of hydrogen, deploying it in refining and petrochemical processes. The industry can leverage this edge into becoming the prominent supplier of hydrogen fuel as envisaged in the hydrogen economy. </p> </section> </main> <footer> <section> <div class="button-collection"> <a class="button" href="https://store.globaldata.com/report/hydrogen-in-oil-and-gas-theme-analysis/"> <span>Find out more</span> </a> </div> </section> </footer> </div> </div> <div class="cell medium-4"> <div class="card data prominent letterbox-morph"> <header> <section> </section> </header> <main> <section class="detail "> <a href="https://store.globaldata.com/report/hydrogen-in-power-theme-analysis/">Hydrogen in Power – Thematic Research</a> </section> <section class="summary"> <p>Formulating a cost-effective and well-regulated transition is a complex issue, and the cost of producing hydrogen from renewable energy sources is currently expensive. However, the momentum that has been built along the entire value chain is accelerating the cost reduction in hydrogen production, transmission, distribution, retail, and end-applications.</p> </section> </main> <footer> <section> <div class="button-collection"> <a class="button" href="https://store.globaldata.com/report/hydrogen-in-power-theme-analysis/"> <span>Find out more</span> </a> </div> </section> </footer> </div> </div> </div> </div> </div> </div> </div> <div class="grid-container fluid"> <div class="grid-container"> <div class="grid-x grid-margin-x grid-padding-y"> <div class="cell"> <span id="partialPagerender"><img src="https://assets.globaldata.com/gdcom/assets/img/ajax-loadernew.gif" alt="Image for loader" width="64" height="64" /></span> </div> </div> </div> </div> <div id="modalIdleTimeout" class="reveal prompt split" data-reveal> <section> <header> <div class="h1">Still looking?</div> </header> <main> <p id="timeOutMessage">Search <a href="/companies/">companies</a>, <a 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