Why Oil And Gas Companies Are Considering Green Hydrogen | OilPrice.com

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Why Oil And Gas Companies Are Considering Green Hydrogen | OilPrice.com
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Unlike blue and grey hydrogen, green hydrogen is produced using renewable electricity to splits water into hydrogen and oxygen - making it carbon-free.

- Jan 15, 2023, 2:00 PM CST

The global interest in green hydrogen has exploded in recent years as countries and companies look for energy solutions that can help to cut emissions. Now, oil and gas companies are increasingly interested in green hydrogen projects as a way to reduce their emissions.As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to power hydrogen production. One major source for this production is wind power, thanks to decades of development of wind farms worldwide.

The U.S. Office of Energy Efficiency and Renewable Energy believes that the net-zero carbon emissions by 2050 target cannot be achieved by relying purely on renewable electricity. Instead, green hydrogen could provide households with a vital heating source and couldof the transport sector. It could also be used in industries that currently rely heavily on fossil fuels, and in agriculture.

The growing number of wind farms in the U.S. and other countries around the world could help energy companies to shift their hydrogen production practices from blue and grey to green. Green hydrogen is produced using renewable electricity to power an electrolyzer, which then splits water into hydrogen and oxygen. The gas is then burned to produce power, emitting only water vapor and warm air, making it carbon-free.

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