Green Hydrogen: The Future of Clean Energy

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Green hydrogen is a form of hydrogen produced through electrolysis, utilizing renewable energy sources. When water molecules are split into hydrogen and oxygen atoms using an electric current, green hydrogen is generated. This eco-friendly form of hydrogen offers several advantages, including its potential use as a fuel for vehicles and energy storage. Unlike traditional hydrogen, green hydrogen does not produce greenhouse gas emissions when used. This makes it a valuable tool in reducing greenhouse gas emissions and combating climate change.

Many countries, including Oman, Egypt, Saudi Arabia, Morocco, and the UAE, are currently spearheading green hydrogen projects. There are over 45 known green hydrogen and ammonia projects in the MENA region with a combined budget of over USD 92 billion.

When it comes to green hydrogen market segmentation, the technology used for its production plays a crucial role. This includes Proton Exchange Membrane (PEM) Electrolyzers, Alkaline Electrolyzes, and other technologies. Additionally, the applications of green hydrogen extend to power generation, chemical feedstock, transportation, and other sectors.

Some of the major players in the Middle East/North Africa (MENA) green hydrogen market are Hydrogen System, Air Liquide, Siemens Energy, ENGIE, Cummins, Air Product, Thyssenkrupp, Linde plc., McPhy Energy, and Aashi Kasei Corporation, among others.

With Global Insight Services, clients can access a 10-year forecast to make strategic decisions. The reports provide in-depth segmentation that can be customized, along with free consultations with lead analysts. Additionally, a comprehensive Excel data pack is included with every report purchase.

Global Insight Services (GIS) is a respected market research firm based in Delaware, USA. Committed to providing high-quality data, analytics, and tools, GIS caters to diverse market research needs. With a focus on robust and transparent research methodology, GIS offers groundbreaking reserch and tailored solutions for the coming decade.