What's Happening?
Significant advancements in platinum-linked green hydrogen technology are occurring in the UAE and the US. South African President Cyril Ramaphosa emphasized Africa's potential in green hydrogen production at the Abu Dhabi Sustainability Week. In the US,
expanded tax-benefit structures are promoting hydrogen expansion. Duke Energy demonstrated green hydrogen production in Florida, while Plug Power signed a deal for a 5 MW electrolyser in France. These developments highlight the growing role of green hydrogen in global energy transitions, supported by strategic investments and international collaborations.
Why It's Important?
Green hydrogen is emerging as a key component in the global shift towards sustainable energy. Its potential to decarbonize industries and provide clean energy solutions is driving investments and technological innovations. The advancements in the UAE and US reflect a broader trend of international cooperation and investment in green hydrogen, which could significantly reduce carbon emissions and enhance energy security. The use of platinum in hydrogen technologies also underscores the importance of critical minerals in the energy transition.
