![]() ![]() Realizing the energy transition and becoming carbon-neutral will require a robust hydrogen market. These collaborations are critical to connecting a variety of innovative technologies to rapidly developing markets. The need to develop new types of hydrogen production is driving cooperation and commitment from a wide range of companies, from start-ups to industrial giants. You can track it through the patent literature." –Rob Hanson, CEO of Monolith More cooperation, more commitments ![]() ![]() "People have been working on this problem nonstop for 100 years. Decarbonizing them will move the needle substantially when it comes to emissions.īut these solutions require producing hydrogen at scale economically. Hydrogen is also a clean candidate to replace coal in energy-intensive industrial applications such as steel and cement production. Hydrogen fuel cells have long seemed the most likely solution, with some analysts expecting annual growth rates of nearly 67% between 20. But heavier modes of transport – trucks, buses, airplanes and ships – need more power than batteries can currently deliver. In Europe, electric vehicles surpassed 10% of the total passenger cars sold in 2020, up from 4% in 2019. ![]()
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