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Techno-Economic Analysis of Green Hydrogen Production for Industrial Use
Abstract
This chapter will explore the role of green hydrogen as a sustainable energy source for the industrial sector. The will provide an overview of the importance of decarbonizing industry and the challenges associated with conventional energy sources. This will also explain the fundamentals of green hydrogen production through electrolysis, using renewable energy sources like solar, wind, and hydropower. It will compare green hydrogen with grey, blue, and other forms of hydrogen, discussing the environmental impact and energy efficiency. This also focuses on specific industrial applications where green hydrogen has the most potential like Steel Production, Chemical Industry, etc. We also focus on challenges associated with green hydrogen, such as the cost of production, transportation, and storage. At the same we will examine the role of governments in promoting green hydrogen, exploring policies, subsidies, and international agreements. It will also discuss the alignment of green hydrogen initiatives with the UN's Sustainable Development Goals (SDGs).
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