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Clean Hydrogen Is a Challenge for Enterprises in the Era of Low-Emission and Zero-Emission Economy

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  • Piotr F. Borowski

    (Faculty of Business and International Relations, Vistula University, 3 Stokłosy Str., 02-787 Warsaw, Poland)

  • Barbara Karlikowska

    (Faculty of Business and International Relations, Vistula University, 3 Stokłosy Str., 02-787 Warsaw, Poland)

Abstract

Hydrogen can be considered an innovative fuel that will revolutionize the energy sector and enable even more complete use of the potential of renewable sources. The aim of the paper is to present the challenges faced by companies and economies that will produce and use hydrogen. Thanks to the use of hydrogen in the energy, transport and construction sectors, it will be possible to achieve climate neutrality by 2050. By 2050, global demand for hydrogen will increase to 614 million metric tons a year, and thanks to the use of hydrogen in energy, transport and construction, it will be possible to achieve climate neutrality. Depending on the method of hydrogen production, the processes used and the final effects, several groups can be distinguished, marked with different colors. It is in this area of obtaining friendly hydrogen that innovative possibilities for its production open up. The costs of hydrogen production are also affected by network fees, national tax systems, availability and prices of carbon capture, utilization, and storage installations, energy consumption rates by electrolyzers and transport methods. It is planned that 1 kg of hydrogen will cost USD 1. The study used the desk research method, which made it possible to analyze a huge amount of descriptive data and numerical data.

Suggested Citation

  • Piotr F. Borowski & Barbara Karlikowska, 2023. "Clean Hydrogen Is a Challenge for Enterprises in the Era of Low-Emission and Zero-Emission Economy," Energies, MDPI, vol. 16(3), pages 1-15, January.
  • Handle: RePEc:gam:jeners:v:16:y:2023:i:3:p:1171-:d:1042829
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    References listed on IDEAS

    as
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