Interest in geologic hydrogen as a clean energy source is growing

Geologic hydrogen’s potential as a decarbonization fuel has attracted significant investment and the attention of exploration companies. However, there are still challenges to overcome before widespread use of this low carbon fuel can be achieved.

The demand for hydrogen is projected to rise in the coming years, and geologic hydrogen could play a role in meeting this demand.

There is a significant amount of recoverable natural hydrogen, which could potentially supply the world’s hydrogen demand for hundreds of years.

Geologic hydrogen has a low carbon intensity and could be eligible for tax credits, making it an attractive opportunity for exploration companies.

The financing structure for geologic hydrogen differs from other hydrogen projects due to the uncertainty surrounding its economic viability.

While geologic hydrogen has the potential to be disruptive, it is unlikely to fully replace fossil fuels on a global scale.

Learn more: Spglobal.com