Techno-Economic Assessment Of Green Hydrogen Production By An Off-Grid Photovoltaic Energy System
Techno-Economic Assessment Of Green Hydrogen Production By An Off-Grid Photovoltaic Energy System
Source: https://www.mdpi.com
Author: Guide Qusay Hassan, Imad Saeed Abdulrahman, Hayder M. Salman, Olushola Tomilayo Olapade and Marek Jaszczur
For more than a century, fossil fuels have fueled industry and societal needs. Today, various factors stimulate the decrease in fossil fuel consumption. The growth in the world population resulted in high energy demand, which led to more use of fossil fuels and fueled a price increase. Therefore, it is crucial to focus on renewable sources to mitigate the consequences of climate change. It is projected that, by 2050, hydrogen base system consumption will account for 12% of global energy consumption. This increase emphasizes the significance of low-carbon hydrogen since it is estimated that two-thirds of the total hydrogen will be generated from renewable energy resources and one-third from natural gas combined with CCS. To achieve the targets outlined in the Paris Agreement, experts worldwide believe that green hydrogen will play an essential role.
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