Hydrogen is likely to play a crucial role in clean energy transition in sectors such as transportation, buildings and power generation.
Interest in the use of hydrogen technology is increasing in a range of niche transport market segments, besides other applications.
In the short to medium term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, says data and analytics company GlobalData.
GlobalData’s latest report, Thematic Research: Hydrogen, highlights that countries worldwide are striving to accelerate the development and use of hydrogen technology to tackle environmental concerns and enhance energy security.
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