Why Hydrogen Is the Fuel of Choice for Heavy Industry
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GRE Editorial
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Green hydrogen is no longer a technology of the future โ it's becoming a commercial reality across steel, cement, shipping, and aviation industries.\n\nElectrolyzer costs have fallen over 60% since 2020, and with renewable electricity prices at historic lows, green hydrogen is approaching cost parity with grey hydrogen in several markets.\n\nThe IEA projects that green hydrogen could meet 10% of global energy needs by 2050, with early adopters in Germany, Japan, South Korea, and Australia already commissioning large-scale projects.