Energy Digital Magazine October 2024 | Page 93

“ The future of hydrogen as a sustainable fuel appears promising , particularly in providing a strong foundation for global decarbonisation efforts ,” Paige concludes . “ Hydrogen ’ s versatility spans applications from green steel production to transportation and clean electricity . Hydrogen presents a significant opportunity for sustainable energy development , particularly when produced via green methods like electrolysis , which relies on renewable energy sources .
“ Challenges remain , particularly in economic feasibility and infrastructure development . However , advances in digital technologies are enhancing the viability of hydrogen through improved project design , risk management and operational efficiency . Digital tools such as digital twins , advanced analytics and lifecycle optimisation are reducing costs , speeding up development and enabling scalable solutions .
“ Global investments are surging , fuelled by policy incentives and a growing recognition of its potential in achieving net-zero emissions goals . As technologies mature and economies of scale are achieved , hydrogen is expected to become a cost-effective and widespread solution , driving forward the sustainability revolution .”
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