The hydrogen economy
The climate crisis and geopolitical turmoil in energy markets require accelerating the development of low-carbon hydrogen as one of the key solutions to decarbonize heavy mobility and energy-intensive industries. From the U.S.’s Inflation Reduction Act to the EU’s RePowerEU, governments around the world have acknowledged the need for the deployment of low-carbon hydrogen at a scale and pace conducive to reaching CO2 reduction targets. According to the world's energy agencies, low-carbon hydrogen solutions could represent up to 15% of the final energy demand by 2050.
Why do we need low-carbon hydrogen?
Our investment philosophy and identity as a sustainable asset management company are built around two dimensions: firstly, the versatility of hydrogen as an energy carrier with multiple potentials for decarbonizing various industrial applications (where electrons alone are insufficient) as well as the transport and mobility sector; and secondly, the systemic nature of the energy transition driven by the climate agenda.
What are the key hydrogen applications?
Low-carbon hydrogen can help decarbonize different markets including the steel industry, the refining sector, the chemical industry (particularly through decarbonizing ammonia production for fertilizers), aviation (with sustainable aviation fuels and e-fuels produced from hydrogen), maritime transport (with e-methanol produced from hydrogen), as well as intensive and heavy urban transport (such as professional fleets of taxis, delivery vans, and lorries) and trains on non-electrified sections.
The hydrogen imperative
At Hy24, we believe that social and environmental responsibility requires a collective effort — not just the actions of a single entity. We actively participate in creating a future where low-carbon hydrogen is not just possible, but essential for building resilient economies.