The clean hydrogen market is poised for growth, driven by decarbonization efforts and concerns around energy security. A number of ambitious targets and roadmaps are being set out by different governments and regions. Clean hydrogen can refer to a number of routes for producing hydrogen, but the primary among them are green and blue hydrogen. Blue hydrogen refers to hydrogen produced from natural gas or coal but with carbon emissions captured. Green hydrogen refers to the splitting of water via electrolyzers powered by renewable power sources. IDTechEx forecasts that the water electrolyzer market will grow to over US$120B by 2033.
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