The process of planning and overseeing the many tasks involved in the production, distribution, storage, and transportation of hydrogen in the most economical and efficient manner is known as hydrogen supply chain optimization. Optimization is the process of locating and fixing inefficiencies, bottlenecks, and other obstacles that can prevent hydrogen from moving freely throughout the supply chain.
Hydrogen has become a viable option to power a more environmentally friendly future as the world struggles with climate change and the need for cleaner, more sustainable energy sources. However, developing safe and efficient hydrogen storage technologies is a major obstacle to utilizing hydrogen as a viable energy source. This article examines the progress being made in this area and highlights the major breakthroughs that will enable a revolution powered by hydrogen.
Hydrogen supply chain optimization is the process of designing and managing the various activities involved in the production, transportation, storage, and distribution of hydrogen in the most efficient and cost-effective way possible.
Hydrogen has gained significant attention as a versatile and sustainable energy carrier, with numerous use cases across various sectors. In this response, we will explore the most lucrative hydrogen use cases and highlight the sectors that are willing to pay a premium for its applications, specifically in chemicals and industry, automotive, and aerospace/defense.