The hydrogen market - France

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Prix: 89€ HT
Last update: 12/12/2019
Language: EN
Category: Energy & Green Business
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MARKET SUMMARY

1.1 Presentation and definition of the hydrogen market

While hydrogen is often derived from natural gas, a fossil energy, hydrogen production and consumption represents a real challenge for the development of a greener economy and sustainable. A renewable gas that emits only water when consumed, hydrogen is nowadays mainly used for chemical and petrochemical applications as the firm explains Sia Partners .

In particular, hydrogen can be used in different cases

For store solar or wind energy via a fuel cell and return it
For powering zero-emission vehicles while having the advantage of allowing them a great deal of autonomy.
For industrial uses: it allows to decarbonize certain industrial processes such as fertilizer manufacturing, refining, steels, cements.

The global market is growing rapidly and is composed of major players such as the Air Liquide group, the world leader, Mc Phy and Hélion In France this market is a market of the future even if the use of hydrogen as an energy carrier is currently limited Its production cost still makes it uncompetitive compared to other types of energy.

However, research and development is dynamic supported by the National Research Agency and the Atomic Energy Council.

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