Efficient production and use of hydrogen needed: Danfoss
Danfoss Impact paper emphasizes the need for energy efficiency in hydrogen production, as it is projected to consume over half of electricity demand by 2050.
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Danfoss Impact paper emphasizes the need for energy efficiency in hydrogen production, as it is projected to consume over half of electricity demand by 2050.
Green hydrogen must be produced efficiently to minimize the costs of production and demand for renewables.
Hydrogen has been hyped as a net zero 'silver bullet'. But prioritising it for renewable energy storage, grid balancing and hard to abate sectors could save billions.
Green hydrogen must be used wisely and hydrogen production recognised as a limited resource that must be strategically allocated to hard-to-abate sectors, according to a new Danfoss report.