technology
Green Hydrogen Production Reaches Industrial Scale
Renewable-powered hydrogen production becomes cost-competitive with fossil fuel alternatives.
Green hydrogen is emerging as a viable clean energy carrier as production costs plummet.
## Production Advances
New electrolyzer technology and abundant renewable energy have reduced green hydrogen production costs by 60% in three years.
## Industrial Applications
Steel manufacturing, shipping, and aviation are among the industries adopting hydrogen to decarbonize operations that cannot be easily electrified.
## Infrastructure Development
Governments and private companies are investing in hydrogen pipelines and storage facilities to support the growing market.
## Economic Opportunity
The green hydrogen market is projected to be worth $500 billion annually by 2035, creating millions of jobs worldwide.