Hydrogen Demand
Hydrogen Demand
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European Hydrogen Backbone | Investment Costs
Methanol Methanol (one oxygen, one carbon, and four hydrogen atoms) emits CO2 on combustion, so ‘green methanol’ requires an offsetting lifecycle pathway in order to be sustainable. Thus, it needs to use ‘green’ hydrogen and air-captured CO2 as feedstocks, or to use 100% bio-sourced methane. There is an accelerating order book for methanol-enabled ships and associated
Annual global investment in the energy transition rose to $1.77 trillion in 2023, 50x what it was in 2004. But is it enough? No, it’s not enough yet! We need to reach $4-5T per annum. And investment in fossil fuels needs to be reduced, not increased… Here are some key points: ➡️ Investment in electrified transport has now overtaken investment in renewable energy to become the