The Future of Hydrogen: Opportunities in Fusion Power, Storage, and Chemical Industries
Key Ideas
  • Hydrogen is being reinvented to enhance electrification and offers new markets in fusion power for electricity grids.
  • Investment in fusion power is increasing with a focus on specialist materials and commercialization post-2035.
  • Regular hydrogen is leading in seasonal storage solutions like salt caverns, while the use of green hydrogen in various industries is projected to grow.
  • The report provides insights into different chemistries, materials, production technologies, hydrogen storage, and the role of hydrogen in chemical and steel industries.
The report 'The Hydrogen Economy Reinvented: Materials and Hardware Markets, Technology 2025-2045' highlights the shift in focus towards enhancing electrification through hydrogen, particularly in fusion power for electricity grids. With over $10 billion yearly investment in fusion power, the commercialization is expected mostly post-2035. The usage of regular and green hydrogen is projected to increase in seasonal storage solutions like salt caverns and as a chemical feedstock. The report discusses various chemistries, materials, and technologies involved in hydrogen production, storage, and its applications in different industries. It emphasizes the potential of green hydrogen in replacing dirtier forms and producing higher value materials. Chapters cover topics such as hydrogen production methods, storage technologies, electricity grid integration for long-term energy storage, and the role of hydrogen in chemical and steel manufacturing. The insights provided offer a comprehensive overview of the opportunities and challenges in the evolving hydrogen economy.
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