How to build a viable green hydrogen economy

The use of green hydrogen for energy storage and as a clean fuel is certainly not a new concept however the need for a viable hydrogen economy is becoming more pressing as our efforts to decabonise ramp up.

At this stage of the green hydrogen game, it is critical to invest wisely in the necessary infrastructure and create the required demand to spur development.

To unpack the intricacies of how to build a functional hydrogen economy, Pamela Largue speaks to Professor Dr Emmanouil Kakaras, Executive Vice President, Mitsubishi Heavy Industries EMEA.

Prof. Kakaras shares his insights into how to create demand to justify the infrastructure development needed to feed the market and the importance of leveraging industrial use cases to this end.

“Demand creation has to happen where green hydrogen is the most competitive substitute”

Prof Kakaras also explains the disruptive impact of green hydrogen on the power generation and gas turbine markets, giving us examples of exciting demonstration projects such as the MHI Takasago plant in Japan. It’s home to a variety of electrolysers, storage, compression and hydrogen-fired gas turbines and according to Prof Kakaras, it’s the ‘Disneyland of the hydrogen research’.