At-a-Glance:
Linde will invest more than $1 billion in decarbonization initiatives and triple the amount of clean hydrogen production by 2028, according to the industrial gas giant’s 2020 Sustainable Development Report. The report highlights how Linde is investing across the hydrogen value chain to accelerate the clean energy transition. To learn more, read, “Linde says it will triple the amount of clean hydrogen production by 2028.”
Key Takeaways:
- Linde says it will pursue competitive low-carbon sources of hydrogen, including energy-efficient steam methane reformers (SMRs) with carbon dioxide capture, electrolysis with renewable power and piloting new low-carbon technologies.
- The firm says it has the largest liquid hydrogen production capacity and distribution system in the world today and it also operates the first commercial high-purity hydrogen storage cavern.
- Linde also has around 200 hydrogen stations and 80 hydrogen electrolysis plants worldwide.
Path to 100% Perspective:
Future fuels can be produced using a process called Power-to-Gas (PtG), which uses surplus solar and wind energy to produce renewable fuels, like synthetic methane and hydrogen. Hydrogen as a fuel is carbon-free and synthetic methane produced using carbon recycled from the air, is a carbon-neutral fuel. Future fuels, such as synthetic methane and hydrogen can replace carbon emitting fossil fuels. These fuels produced by renewable energy can also be stored indefinitely and used on demand for long periods of time (weeks) to produce power and provide balancing services to the grid.
Future fuels enable a renewable energy power system.
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