The future of a sustainable energy economy relies on a shift towards renewable energy sources to power our daily needs. Hydrogen is an excellent alternative to fossil fuels, given its high energy content and zero carbon emissions when produced using renewable sources.
However, transitioning to this new hydrogen economy requires an efficient and reliable supply chain model that can transport hydrogen from production to storage and distribution locations at the required scale.
A team of researchers has broken new ground by creating a novel supply chain model that can empower the hydrogen renewable energy industry, particularly in regions where the technology is still in its early stages.
This new model leverages the advantages of sea-based transportation and can help overcome the challenges of transitioning to a hydrogen-fueled economy by reducing costs and increasing accessibility.
The model is based on shipping hydrogen in liquid or gas form, using specialized vessels designed to withstand high-pressure conditions and low temperatures. Hydrogen can be stored and transported using these vessels, allowing the industry to reduce transportation costs, increase storage capacity, and reach more customers.
Sea-based transportation also opens up access to offshore renewable energy sources, creating opportunities for new projects that can deliver hydrogen to remote and landlocked areas.
This new supply chain model is already showing promising results, with a growing number of countries and industries adopting it as a viable option to reduce their carbon footprint and achieve climate goals.
According to recent statistics, the global hydrogen market is expected to grow by 10.70% CAGR from 2020 to 2027 and reach USD 200.05 billion by 2027.
This growth indicates a rising demand for hydrogen and hydrogen-related infrastructures, including pipelines, storage tanks, and transportation systems.
By implementing this new supply chain model, the industry can be better equipped to meet this demand and usher in a new era of sustainable energy production and consumption.
As we continue our journey towards a green future, innovative solutions like this new supply chain model will play a crucial role in realizing successful transition to renewable energy usage.
Edited by Zeng Han-Jun
Written by Juliana Rodriguez
Terra Link Research 