Andrew Freedman of Axios reports on a new global nuclear hydrogen group.
- Hydrogen fuel has tremendous potential to decarbonize key sectors of the economy, but faces several roadblocks to implementation including cost and the amount of energy that is needed to produce it.
- A global coalition of hydrogen producers and nuclear energy companies has formed that will collaborate to advance nuclear hydrogen demonstration projects.
- By using energy-dense and carbon-free nuclear energy, rather than renewables, hydrogen production may become more consistent and affordable.
“The group plans to pursue nuclear hydrogen demonstration projects, engage the financial sector to finance such technologies, and advocate for policies that support deploying nuclear hydrogen, members tell Axios. It is not a lobbying organization, however.”
Read the full article here.
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