Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Factbox: Hydrogen's many colours

Published 18/11/2021, 11:37
Updated 18/11/2021, 11:41
© Reuters. A general view of the Giva Group owned Forgiatura A. Vienna steel plant in northern Italy where Milan-based gas transporter Snam successfully tested a mix of natural gas and 30% hydrogen to fire furnaces.    Snam/Handout via REUTERS

(Reuters) - Industries including energy, steel and chemicals are looking to develop large-scale hydrogen applications to help reduce carbon emissions and avert global warming.

Although hydrogen is the most abundant element in the universe, it's very scarce as a gas, and so far most methods of producing gas at scale release large amounts of carbon dioxide.

Hydrogen is colourless, but each form of it has been categorised by a colour that reflects its carbon footprint: The ultimate is green hydrogen, extracted using power from renewable energy such as wind or solar.

Here are details about green, grey, blue and turquoise hydrogen:

1. Green hydrogen

Derived from renewable sources which could include offshore wind, powering floating electrolysis plants. Green hydrogen can be stored, piped, or carried by tankers to consumers, for example to serve hydrogen filling stations. So far it has mostly been produced for experimental projects.

2. Grey hydrogen

Grey hydrogen is extracted from natural gas using steam-methane reforming, currently the standard industry process.

3. Blue hydrogen

Blue hydrogen is produced in the same way as grey hydrogen but with CO2 emissions captured for underground or subsea storage. It's often presented as a transitional approach until green hydrogen output can scale up.

4. Turquoise hydrogen

Also called low-carbon hydrogen, and so far very small scale, this is hydrogen generated from natural gas but using pyrolysis - the gas is passed through molten metal, producing solid carbon as a byproduct with useful applications.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.