Why Green Hydrogen Faces Slow Adoption Despite Its Potential
Green hydrogen has been heralded as a revolutionary clean energy source capable of decarbonizing industries and supporting the global transition to sustainability. However, the market for hydrogen has not developed as rapidly as anticipated. Despite its environmental benefits and the push for renewable energy, several key challenges have hindered its widespread adoption. High Production Costs The production of hydrogen, which involves using renewable energy to split water molecules into hydrogen and oxygen through electrolysis, remains costly. This process requires a significant amount of electricity, and while the cost of renewable energy is decreasing, it has not yet reached a level where green hydrogen can compete with traditional energy sources, especially fossil fuels.
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