New report highlights investment commitments and challenges in the global hydrogen storage sector

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DUBLIN, October 5, 2023 /PRNewswire/ — The “Global Hydrogen Storage Growth Opportunities” the report has been added to ResearchAndMarkets.com offer.

Nations and industries around the world are united in their pursuit of a cleaner, more sustainable future. At the heart of this environmental commitment is hydrogen, a versatile energy vector renowned for its energy density and phase adaptability. Hydrogen is a game-changer, particularly in the decarbonization of challenging sectors like oil and gas, mining, steel and heavy transportation, promising to revolutionize the future of energy.

A comprehensive market research report has been released, providing an in-depth analysis of the global hydrogen storage sector. This report highlights the substantial investment commitments and associated challenges that the industry is actively addressing. It highlights the unique value of hydrogen as an energy vector while highlighting alternative storage technologies. Basically, the report looks at the policy support available in various regions, serving as an invaluable guide for industry stakeholders. Providing insights into key players, growing opportunities, and critical decision-making processes behind energy storage technologies, this report addresses both newcomers and established players in the energy market.

Key investment drivers in the hydrogen industry:

  • Security and energy transition: Energy security and the global energy transition are generating significant investments in the hydrogen sector. Hydrogen is recognized as a key pillar of decarbonization, providing a pathway to reduce emissions in sectors such as oil and gas, mining, steel and heavy transport.
  • Versatile energy carrier: The energy density and adaptability of hydrogen make it a versatile fuel and energy carrier capable of powering a wide range of applications, including power generation and energy storage in industry electricity and energy.

Although political support for hydrogen is strong in many parts of the world, there are obstacles that need to be overcome to facilitate faster growth. This study provides a comprehensive overview of the current status and future prospects of the global hydrogen storage sector, taking into account the growth drivers, challenges and investment commitments made by industry stakeholders .

Key questions addressed:

  • The role of hydrogen as an energy carrier: What is the value proposition of hydrogen as an energy carrier, and how is hydrogen stored?
  • Storage technologies: What are the advantages and disadvantages of different hydrogen storage technologies?
  • Storage capacity: What is the installed capacity of hydrogen storage assets and what is the potential for storage capacity expansion by region and storage type during the forecast period (2023-2030)?
  • Energy Storage Decision Making: What are the major decisions involved in choosing energy storage technologies and hydrogen storage types?
  • Political support: What level of policy support is available for value chain actors in different regions of the world?
  • Key industry players: Who are the key players in the hydrogen storage value chain?
  • Growth Opportunities: What growth opportunities exist for new entrants and existing players in the hydrogen storage sector?

This comprehensive report offers crucial insights into the future of hydrogen storage, making it an essential resource for industry stakeholders and decision-makers.

Key topics covered:

1. Strategic imperatives

2. Analysis of growth opportunities

  • Scope of analysis
  • The arguments in favor of hydrogen storage and its challenges
  • Comparison of energy storage technologies
  • Segmentation by storage type
  • Duration periods of hydrogen storage types
  • Hydrogen Storage – Ideal Storage Types
  • Comparison of storage types
  • Growth phases of hydrogen storage media
  • Status of hydrogen storage and outlook
  • Key market players
  • Comparison of carriers – liquid hydrogen, ammonia and methanol
  • Leading global owners of hydrogen storage infrastructure
  • Growth drivers
  • Growth restrictions

3. Analysis of growth opportunities – Policy support

  • Hydrogen storage in the European Union
  • Hydrogen storage in United States
  • Hydrogen storage in APAC

4. Growth Opportunity Analysis – Forecast

  • Forecast assumptions
  • Addition of annual hydrogen storage capacity by storage type
  • Annual addition of hydrogen storage capacity by region

5. Growth Opportunity Analysis – Storage Types

  • Liquid storage
  • Solid State Storage
  • Surface gas storage
  • Underground gas storage

6. Regional Analysis of Growth Opportunities

  • North America Analysis
  • European analysis
  • APAC analysis
  • LATAM Analysis
  • Middle East and analysis of Africa
  • South Asia Analysis

7. Growth Opportunity Analysis – Competitive Landscape

  • Hydrogen storage value chain
  • Patent activity
  • Key market players

8. Universe of growth opportunities

  • Growth Opportunity 1: Storage as a Service
  • Growth Opportunity 2: Strategic Partnerships
  • Growth Opportunity 3: Value Chain Participation

For more information on this report, visit https://www.researchandmarkets.com/r/v0qwik

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source of market research reports and international market data. We provide you with the latest data on international and regional markets, key industries, largest companies, new products and latest trends.

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