A “Green Hydrogen Economy” is an economic framework where hydrogen, and specifically green hydrogen, is a primary clean and sustainable energy source. Using renewable energy sources like sun, wind, or hydropower, green hydrogen is created through the electrolysis process. Green hydrogen production is an environmentally beneficial alternative to conventional hydrogen manufacturing processes since it doesn’t entail the discharge of carbon emissions.
Accelerating the production and use of green hydrogen—hydrogen produced by electrolysis and using renewable energy sources—requires the development of legislative frameworks for its deployment. Governments and international organizations create these frameworks to offer direction and inducement to businesses and investors to fund and advance green hydrogen technology.
The growing interest in hydrogen as a clean and adaptable energy source has resulted in considerable investments and growth for the hydrogen sector in recent years. Many industries, including transportation, business, and power generation, are being encouraged to reduce their carbon footprints. One such industry is hydrogen.
