The concept of the hydrogen economy is becoming clearer but what will drive investment in new technologies that will bring down the cost of clean hydrogen production?
Eco friendly clean hydrogen energy concept. 3d rendering of hydrogen icon on fresh spring meadow with blue sky in background.During the presidency of George W. Bush and in the early 2000s, Americans started to learn more about the— or the ability to generate electricity and to drive vehicles using pure and clean hydrogen molecules. At the time, it seemed like a hazy concept but today, it is becoming clearer.
last week in Bangkok, goes on to say that the green energy movement follows the transition to personal computing. To that end, he adds that there is a huge need for decentralized power generation and delivery, energy storage and clean hydrogen production. “The price of solar production has dropped by 85% over the last 10 years and that will go lower a little bit more. But I think we have to also accept that it’s kind of bottoming out,” saysa lawyer in Bangkok who specializes in solar projects and project finance, during the panel discussion.
To bring down the cost of green hydrogen, he says that mass production is required. Another way, is to put a price on fossil fuel production such as a carbon tax – one that is high enough to expedite the flow of capital into green technologies.
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