Hydrogen, or the ‘colourless gold’, is emerging as a crucial energy source in the global effort to combat climate change. The potential to revolutionize transportation and electricity generation while reducing greenhouse gas emissions is being explored. In the US, a Danish company is entering the green hydrogen market with the help of one of the nation’s largest private businesses, BlackRock, and the Biden administration’s proposed guidelines for the hydrogen credit, part of the Inflation Reduction Act, are encouraging ecologically responsible hydrogen fuel production but are expected to face industry backlash due to potential violations of emission reduction progress. While Europe is embracing green hydrogen as a catalyst for its energy transition, Egypt faces skepticism about establishing a viable national industry. Small-scale hydrogen production is a crucial component within a sustainable energy ecosystem, offering flexibility and efficiency.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
