Results for tag: "Hydrogen Hubs"

In the realm of chemicals, hydrogen hubs represent a concentrated effort to integrate hydrogen production, storage, and distribution with end-use applications across various sectors, including refining, petrochemicals, ammonia production, and more. These hubs are designed to facilitate the transition towards low-carbon sources, leveraging economies of scale to reduce costs and increase efficiency in hydrogen supply chains. Hydrogen, as a clean energy carrier, is especially pivotal for industrial processes where electrification is not feasible and can help in reducing the environmental impact. The emergence of hydrogen hubs is also partially driven by policy incentives aimed at decarbonizing the chemical industry and reducing reliance on fossil fuels. Companies operating in the hydrogen hubs market span a wide range of activities from production to distribution and application of hydrogen in chemical processes. Some key players include Air Liquide, which specializes in industrial gases; Linde plc, known for its engineering and gases technology; Air Products and Chemicals, a provider of hydrogen and other gases; Thyssenkrupp, which offers electrolysis technology for hydrogen production; and ENGIE, an energy company investing in renewable hydrogen solutions. These companies have been actively engaging in joint ventures, partnerships, and expansions to promote hydrogen infrastructure development and application within various chemical industry segments. Show Less Read more