Green and low-carbon hydrogen are emerging as crucial players in the transition to sustainable energy. As the world seeks to meet rising energy demands while addressing climate change, hydrogen offers a promising alternative to fossil fuels. Green hydrogen: A promising solution for meeting global energy demand and contributing to climate action goals
Green hydrogen, produced by splitting water molecules into hydrogen and oxygen using renewable electricity, shows significant promise in meeting global energy demand while contributing to climate action goals. Although it is currently more expensive than fossil fuels, the number of low-emissions hydrogen projects reaching FID doubled in 2024, indicating a growing commitment to low-carbon fuels and their derivatives.
In the years to come, low-carbon hydrogen will play a more prominent role in the shift to renewable energy than renewable hydrogen, emitting significantly fewer emissions than fossil fuels. However, whilst low-emission hydrogen will remain costly in the near term, prices are projected to decrease considerably by 2030. This exciting area of development within the energy industry presents opportunities for companies to contribute to a sustainable future.
Read the EU's draft methodology for low-carbon hydrogen and fuels Energy Outlook 2025: Hydrogen - Bird & Bird
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