insights & resources

According to Precedence Research, the global green hydrogen market is valued at USD 8.78 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 38.77%, reaching approximately USD 165.84 billion by 2033. It is changing the way we think about sustainable power, but what are the reasons behind the growing traction? The Basics of Green Hydrogen: Green hydrogen is hydrogen produced without any carbon emissions. However, the process is not that simple. Unlike traditional hydrogen production, Dr. Emanuele Taibi, Head of the Power Sector Transformation Strategies at the International Renewable Energy Agency (IRENA). describes it as...