Ask the experts: Hydrogen investment
Marc Elliott, energy transition specialist, advisory services at Union Bancaire Privée, and Deirdre Cooper, co-head, thematic equity at Ninety One, explain why hydrogen could be a key part of the energy transition
by Bethan Rees
Hydrogen is an energy carrier (see box). It can deliver or store lots of energy, and it can be used in fuel cells to generate electricity, power and heat. The International Energy Agency
(IEA), an organisation that works with countries around the world to shape energy policies for a secure and sustainable future, says hydrogen is versatile and "can help tackle various critical energy challenges". It adds: "Hydrogen can be produced from almost all energy resources, though today’s use of hydrogen in oil refining and chemical production is mostly covered by hydrogen from fossil fuels, with significant associated carbon dioxide emissions."
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