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Gray Hydrogen Future

Gray hydrogen future in the energy transition is uncertain. As the world increasingly focuses on reducing carbon emissions, gray hydrogen is losing favor due to its high carbon footprint.

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Gray Hydrogen Future

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  1. GRAYHYDROGENFUTUREINTHEENERGY TRANSITION Inthecontext oftheenergytransition, a"grayhydrogen"future isgenerallydefined asa situation in which hydrogenisproducedfromnatural gaswithout carboncaptureand storage (CCS)using aprocess known assteammethane reforming(SMR).Thisindicatesthat carbondioxideisreleasedduringthe hydrogenproduction process.Itisnot thesameas "bluehydrogen,"which isproducedfrom naturalgas with carboncaptureand storagetolessenits carbonfootprint,or"greenhydrogen,"which isproduced usingrenewableenergysources andemits nocarbon. DOWNLOADPDF:https://www.marketsandmarkets.com/industry-practice/RequestForm.asp When comparedtogreenand bluehydrogen, grayhydrogenproduction is thoughttobeless environmentallyfriendlybecauseit releasescarbonemissions.In the earlyphasesofthe energy transition, itmightbeatemporary fix,butin thelongrun, itsviabilitywill probablydependon how carbon captureand storage technologies advance, howmuchrenewableenergycosts, and how environmentallawschange.Greenandbluehydrogenareanticipatedtobecomeincreasinglyimportant astheworldtransitionstoa low-carbon economy. TECHNOLOGICALDEVELOPMENTSINGRAYHYDROGENPRODUCTION Some technological advancements have been made in the field of gray hydrogen production—that is, theproduction ofhydrogen fromnaturalgaswithouttheuse ofcarboncaptureandstorage, orCCS— with the goal of improving the process' efficiency and environmental friendliness. The need to improve the sustainability of gray hydrogen and lower carbon emissions related to hydrogen production is what motivates these developments. These are some technological advancements in the production of gray hydrogen. Carboncaptureandstorage(CCS):CCSisatechnologythatcapturesCO2emissionsfromindustrial processesandstoresthem underground orinothergeologicalformations.ByapplyingCCStogray hydrogenproduction,itispossibletocaptureand storeasignificantportion oftheCO2emissions associatedwith theprocess,thereby reducing itsenvironmentalimpact. Blue hydrogen:Bluehydrogenisatype ofhydrogenproducedfrom naturalgasusing SMR,but withthe addition ofCCStechnology. Thisprocesscapturesand storestheCO2emissionsassociatedwithgray hydrogenproduction,resultingina cleanerand more sustainableformof hydrogen. Methanepyrolysis: Methanepyrolysisisanewprocessthatinvolvesheatingnaturalgasathigh temperatures to produce hydrogen and solid carbon. This process does not produce any CO2 emissions andsolid carboncan beused as a valuablebyproduct. Electrolysisusing renewableenergy:Electrolysisisaprocessthatuseselectricitytosplit waterinto hydrogen andoxygen.Byusingrenewable energysourcessuchaswindorsolarpower,itispossibleto producegrayhydrogen inamoresustainableand carbon-neutralway. Thegoalof technologicaldevelopments ingrayhydrogenproduction istolower theprocess'scarbon footprintand increasesustainability.Thedevelopmentofcleanergrayhydrogen technologiesmay contributeto theshifttoa low-carbon hydrogeneconomy,eventhoughgreen andbluehydrogen productionmethodsarethoughttobemoreenvironmentallyfriendly.Thisis especiallytrueinsituations wheregreenorbluehydrogenis noteasily accessibleor financiallyfeasible.

  2. LEADINGPLAYERSINGRAYHYDROGENMARKET • Thegrayhydrogenfuture marketis dominatedbyafewlargeplayers intheoilandgasindustrythathave been producinghydrogenasabyproduct oftheiroperationsfor decades.Some oftheleading playersin thegray hydrogenmarketinclude: • AirLiquide • Lindeplc • AirProductsandChemicals,Inc. • Praxair Technology,Inc. • MesserGroupGmbH • ReadMore:https://www.marketsandmarkets.com/industry-practice/hydrogen/gray-hydrogen • GrayHydrogenProduction • Strengths andLimitationsof GrayHydrogen • Environmental Impactof Gray Hydrogen • Gray HydrogenComparison • GrayHydrogenRegulationsand Policies • AboutMarketsandMarkets™ • Foundedin2010,MarketsandMarkets™isasectorresearchandgrowth-enabling firmthathelps clients realizerevenueopportunitiesin newandexistingmarkets. Weleverage ourproprietarydataplatform and KnowledgeServicespractice to deliveractionableinsightstoorganizations. • TheB2Beconomyis predictedtosee theemergenceof$25trillionofnew revenuestreams thatwill displaceexistingworkstreams.KnowledgeStore,ourAI-drivenmarketintelligenceplatform,servesas the discoveryand validation enginetoevangelize thesenewgrowthopportunities. • InMarch 2023, ForbesrecognizedMarketsandMarketsasone ofAmerica’sBest Management • ConsultingFirms. • Toknowmore, visit:http://www.marketsandmarkets.com. • Contact: • Mr. Aashish Mehra MarketsandMarkets™ INC. 630DundeeRoad • Suite430 • Northbrook,IL60062 • USA:1-888-600-6441

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