Hydrogen Energy Storage Market: Trends, Challenges, and Opportunities
Hydrogen has been gaining increasing attention as a potential energy carrier for the transition towards a more sustainable and decarbonized energy system. In addition to its use as a fuel for transportation, hydrogen can also be utilized for energy storage, either directly or through conversion to other forms of energy such as electricity or heat.
According to a report, the global hydrogen energy...
Smart Water Metering Market Size will Escalate Rapidly in the Near Future
Globally, water utilities are considering technological innovations in water metering infrastructure to improve their operational efficiency. According to a UN report, 66% of the world’s population will be living in urban areas by 2050. This creates a scenario of a large population with no or poor access to water infrastructure. Countries are facing the constant issue of water loss and wastage....
Electrolyzers Market Offers Lucrative Opportunities for Major Economies to Achieve Net Zero Emission Targets
An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, in some cases. There are four main ways that electrolyzers can be commercialized: power to mobility,...
Biomass Power Generation Market Size to Hit $105.7 billion by 2028
According to a research report “Biomass Power Generation Market by Technology (Combustion, Gasification, Anaerobic Digestion, Pyrolysis), Feedstock (Agricultural Waste, Forest Waste, Animal Waste, Municipal Waste), Fuel (Solid, Liquid, Gaseous) and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global biomass power generation market is projected to reach USD...
The Rise of Hydrogen Generation: Opportunities and Challenges in the Energy Industry
The factors driving the growth for hydrogen generation market is Increasing hydrogen demand in the petroleum refineries and rising demand for hydrogen in transportation and power generation applications.
According to a new market research, ‘The global hydrogen generation market is projected to reach USD 263.5 Billion by 2027, at a CAGR of 10.5% between 2022 to 2027′.
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