With immense government backing, hydrogen is being championed as a promising substitute for traditional fuels to power the energy sector in Japan and internationally. The Inflation Reduction Act, the European Green Deal and Japan’s national hydrogen strategy that envisions a carbon neutral hydrogen society are examples of this government will and support.

The emergence of green hydrogen represents a significant boom in the quest for sustainable energy solutions. The Green Hydrogen Industry is estimated to be $100B around 2031.  It stands out as an environmentally superior alternative to other hydrogen varieties, primarily owing to its sustainable production methods. Green hydrogen is manufactured using renewable energy sources, resulting in zero carbon emissions throughout the process. This minimal environmental impact contributes to the reduction of air pollution and alleviates the detrimental consequences often associated with fossil fuel extraction and combustion.

Furthermore, green hydrogen serves as a valuable energy storage solution, allowing surplus electricity generated from intermittent renewables like wind and solar to be efficiently stored as hydrogen for future utilization.  Its versatility is a key asset, finding application across a wide spectrum of sectors, including transportation, industrial processes, power generation, and heating. This versatility, in turn, contributes to a decreased reliance on fossil fuels and a more sustainable energy landscape.