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Hydrogen, from hype to reality
Hydrogen, from hype to reality
THE FUTURE UAE HYDROGEN ECONOMY
..Trends suggest the external factors will drive growth in hydrogen. Due to the drop in green and blue hydrogen production costs, the hydrogen economy is set to expand beyond its main existing markets for ammonia production, methanol production, and oil refining.
The challenges mentioned in this report will need to be overcome, but hydrogen is showing promise as a solution to decarbonise several hard-to-abate industries, such as iron, steel, and cement production and the aviation and maritime industries. In addition to its role in the reduction of carbon emissions, hydrogen may also play an important role in energy storage due to superior transportability compared to batteries.
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