- The hurdles and obstacles that hydrogen manufacturing still must contend with provide companies like FuelPositive with the ability to help facilitate the zero-emission goal by providing technology to produce and utilize green ammonia affordably
- The use of green ammonia not only helps facilitate the upcoming goal of The Hydrogen Economy but it also provides a more cost-efficient and stable option
- The global green ammonia market was valued at $9.52 million in 2019 and is expected to grow at a CAGR of 53.9% over the 2020 to 2027 forecast period
The consensus at the recent UN COP26 Climate Change Conference in November 2021 was to attain carbon neutrality by 2050. Despite the number of hurdles and obstacles ahead, it was agreed that the stability of the world hangs in the balance of executing this goal. In the past, alternative renewable energy sources have been offered as a solution to the current state of the environment. The problem with alternatives like wind or solar energy is that the medium needed to keep them going is not always available. The “green” solution that has surfaced from the Climate Change Conference is what is being referred to as green hydrogen (https://ibn.fm/5uP7o).
Traditional methods of producing hydrogen rely on fossil fuels, creating what has been labeled as “grey hydrogen.” This method of producing grey hydrogen results in extensive pollution in the form of…
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