Views: 6 Author: Site Editor Publish Time: 2024-02-21 Origin: Site
Recently, countries around the world have been actively exploring and developing natural hydrogen deposits, discovering more new reserves. Since 2023, over 30 countries globally have identified locations containing hydrogen, with some detecting high concentrations of hydrogen gas. Among them, a disused coal mine in northern France may be one of the largest natural hydrogen deposits worldwide.
Due to hydrogen combustion producing only heat and water, natural hydrogen holds appeal in a carbon-neutral context. However, commercial hydrogen production currently relies mostly on fossil fuels, with cleaner methods available but facing challenges of high costs and limited market share. Natural hydrogen extraction costs are relatively low, especially for high-concentration deposits. Once commercialized, natural hydrogen has the potential to replace both grey and green hydrogen, becoming a more competitive clean energy option.
The projected value of the natural hydrogen industry is expected to reach $75 billion by 2030. Currently, commercial extraction of natural hydrogen has attracted significant investment. The future of underground natural hydrogen looks promising and could potentially disrupt the global energy landscape.
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