On the path
to a hydrogen
industry boom

While they can’t do the job alone, electric vehicles have an indispensable role to play in reaching net-zero emissions worldwide

We will see 10,000 high-paying jobs in the hydrogen industry by 2030

The green hydrogen market could generate revenues, at the very least, of $US12 trillion by 2050 — bigger than any industry we have now.

The momentum is now global. It is clear that hydrogen has become a central element of investment plans announced by many countries towards carbon neutrality. While Europe remains a strong contributor, with 80% of new announced projects, other regions are stepping up, with an impressive number of hydrogen projects currently in the pipeline around the world”

Geothermal energy is likely not the biggest player in the renewable energy market, but it will play an incredibly important role in heating and cooling. This is where the growth market is for geothermal, but also where we as an industry will have the greatest impacts in regards to climate change, reduction of carbon emission and air quality. For example, over 40% of the current energy demand in the European Union is for heating and cooling.

It is this unique combination of heating and power generation that no other source of energy can match in a sustainable way. Geothermal energy presents opportunities to generate power, use heat directly for heating and many other direct use applications such as; agriculture and greenhouses, fish farming, bathing, food de-hydration, and many more. This makes it is easy for me to stand up for geothermal energy.