H2 Revolution
The Hydrogen Market refers to the sector involving the production, distribution, and consumption of hydrogen as a fuel and energy source. It encompasses various activities related to hydrogen, including the creation of hydrogen from different feedstocks (such as natural gas, water, and biomass), its storage and transportation, and its use in applications like fuel cells, industrial processes, and power generation. The market is influenced by factors such as technology advancements, government policies, environmental concerns, and the increasing demand for clean energy sources. As countries aim to reduce carbon emissions and transition to renewable energy, the hydrogen market is gaining prominence, with initiatives to develop hydrogen infrastructure and technologies for efficient hydrogen utilization.
South Korea's exports of hydrogen-powered fuel cell electric vehicles (FCEVs) have experienced a significant decline, dropping over 70% compared to the previous year's figures. According to data from the Korea…
The global hydrogen gas market is witnessing significant growth due to the increasing demand from the chemicals industry and the rising popularity of hydrogen fuel cells. According to a recent…