There's another reason the market for green hydrogen is set to grow: Even if we switch to renewable power, some industries will still be carbon-intensive, says Eric Ingersoll, a hydrogen market expert. Sourcing green hydrogen is a relatively easy way for industries to minimize their footprints. "In some ways, we're making a lot of progress with renewables, but we're not making the kind of progress we need with overall decarbonization," Ingersoll said. "People are starting to realize now that we need to have very practical solutions that can decarbonize our existing infrastructure."
There's another reason the market for green hydrogen is set to grow: Even if we switch to renewable power, some industries will still be carbon-intensive, says Eric Ingersoll, a hydrogen market expert. Sourcing green hydrogen is a relatively easy way for industries to minimize their footprints. "In some ways, we're making a lot of progress with renewables, but we're not making the kind of progress we need with overall decarbonization," Ingersoll said. "People are starting to realize now that we need to have very practical solutions that can decarbonize our existing infrastructure."