Who’s Afraid Of The Big Green Hydrogen? Not Galp!
Natural gas currently tops the supply chain for ammonia fertilizer. An alternative source of ammonia would help accelerate decarbonization of the global agriculture industry
developed by Verdagy has the potential to become a leader in the coming years and help Galp realize its goals in the production of Green H” explained Georgios Papadimitriou, who is Galp’s executive director of Renewables, New Business, and Innovation.
, which Galp describes as “a cutting-edge technology to manufacture sustainable and low-cost lithium-ion battery materials.”For all the activity in the green hydrogen market, the big question is whether or not green hydrogen can compete on cost with all the other hydrogens. As for those tax credits, last September the consulting firm ICF analyzed the impact of the Inflation Reduction Act on a range of clean energy technologies and took note of double-digit percentage declines across the board, with green hydrogen power plants seeing the largest impact by tripling up on incentives.
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