Why Selecting the Proper Valve Technology is Critical to Achieving Success in the Expanding Hydrogen Economy
Hydrogen's versatility extends across various industries, from refining to steel manufacturing, and it is increasingly recognised as a clean alternative to traditional fuels. Hydrogen fuel cell vehicles (FCVs) are gaining momentum, particularly in regions like Japan, South Korea, and Europe. Statista's 2022 report predicts hydrogen's potential dominance as a transportation fuel by 2050 in the US, igniting the global ‘hydrogen economy’. This shift is bolstered by governmental subsidies, driving infrastructural expansions worldwide.
This infrastructure encompasses raw material handling, production, storage, distribution, and fuelling stations, with an increasing focus on sustainable production methods like electrolysis and biomass utilisation. Hydrogen is widely used in various industries, including refining, ammonia production, and steel manufacturing. It is also gaining attention as a clean alternative to traditional fuels in industrial processes.
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