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Heavy industries plan to leverage low-carbon hydrogen to achieve their sustainability targets

Low-carbon hydrogen is emerging as one of the most promising routes to accelerating decarbonization of high-emission sectors and a crucial facilitator in achieving a greener future. A new report from the Capgemini Research Institute "Low-Carbon Hydrogen – A Path to a Greener Future" finds that 62% of heavy industry companies across sectors are looking at low-carbon hydrogen to replace carbon-intensive systems. On average, Energy and Utilities (E&U) companies expect low-carbon hydrogen to meet 18% of total energy consumption by 2050. They are unlocking investment across the hydrogen value chain, notably to develop hydrogen infrastructure, cost-effective electrolyzers and fuel cells.

6 Apr 2023

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