Research work · 2025

ADVANCEMENTS IN THE GLOBAL GREEN HYDROGEN ECONOMY

Barunava Banerjee, Minja Bolesnikov

INTERNATIONAL Conference on Business, Management, and Economics Engineering Future-BME

Abstract

Hydrogen has proved itself to be a viable alternative to the fossil fuels due to its flexibility in applications and easy production. The authors have through their extensive research on the viability of transforming the present fossil-based economy to a much cleaner and robust hydrogen-based economy, have suggested methods for a smooth transition. According to them it is possible to transform the global economy to almost 25% cleaner energy-based economy by 2035 if sufficient measures are taken by the countries in a unified manner. Through a survey undertaken globally, the authors have proved that cost of green hydrogen production will fall, and it will be a deciding factor in the decades to come.

DOI: 10.24867/future-bme-2024-129