Europe Green Hydrogen Market Future Outlook to 2027: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Green Hydrogen Market Definition and Overview Hydrogen is a flammable gas that is commonly used in fuel cells to produce electricity and heat. There are three main categories of hydrogen, gray, blue, and green. Green hydrogen is produced through the utilization of renewable energy sources, such as wind or solar. Unlike gray, and blue hydrogen, green hydrogen emits only oxygen as a byproduct. It is generated by transmitting renewable energy through an electrolyzer, which separates water molecules into hydrogen gas and oxygen. In addition, it is primarily used in the refining of petroleum products, including fuel oil, diesel fuel, gasoline, kerosene, liquefied petroleum gas, and in the chemical industry for the production of fertilizers. Also, it can be transformed into electricity or synthetic gas and used for commercial, industrial or mobility purposes. Green Hydrogen Market Outlook, Drivers and Challenges Europe Green Hydrogen Market The Europe Green Hydrogen market is expected to witness annual growth above 30% over the next five years, driven by rising demand for renewable energy resources as concern for climate change, and support for environmental, social, and governance (ESG) considerations grows. For instance, according to the International Energy Agency (IEA), a Paris-based intergovernmental organization, renewable energy utilization increased by 3% in 2020, while demand for other fuels diminished during the same period. The major key factor was a growth of nearly 7% in electricity generation for renewable sources. The rising demand for cleaner energy from numerous industry sectors is another major factor propelling the market growth. Numerous European companies, including Brambles, The Holcim Group, PGE Polska Grupa Energetyczna S.A., have committed to decarbonizing their economies or have announced plans to reduce their carbon emissions to zero in the coming years. This necessitates massive adaptation of renewable energy to replace fossil fuel-based power plants. For instance, according to World Green Building Council (World GBC), a U.S.-based non-profit organization, in February 2021, Siemens AG, a Germany-based automation company, signed the commitment to be net zero carbon by 2030. The company is likely to adopt a decarbonization strategy that entails energy efficient technologies, on-site renewable energy infrastructure, and renewable energy procurement for buildings and industrial processes. The higher costs required in establishing and maintaining hydrogen infrastructure, such as hydrogen pipeline transport, points of hydrogen production, distribution stations, dispensers, prompt companies to seek alternative sources of renewable energy. In addition, the upfront cost needed to build hydrogen infrastructure, as well as constrained maintenance costs, are the foremost barriers to the growth of the green hydrogen industry. For any queries or feedback, reach out to the author at Support@kenresearch.com Europe Green Hydrogen Market Value Chain Analysis Green hydrogen’s value chain begins with the generation of green renewable energy supply. Green energy (electricity) is typically generated from clean natural sources, including solar energy, wind power, geothermal energy, biomass, and hydroelectric power. Hydrogen production is done through Electrolysis process using such green renewable energy sources. As an electrochemical energy converter, water is separated into its constituents of hydrogen and oxygen by an electric current. The produced hydrogen is then delivered through pipeline and across the road in cryogenic liquid tanker trucks or gaseous tube trailers, or it can be kept as a gas or a liquid. In addition, it can also be stored on the surface of (adsorption) or within solid materials (absorption). Then, hydrogen can be used across numerous applications, including Industrial Processes, Commercial Power Generation, Industrial Power Generation, Domestic Energy Systems, and Power Grids apart from Automobiles and Other Mobility Industry Segments. Europe Green Hydrogen Market Segmentation Europe Green Hydrogen market can be segmented into technology-based categories, such as Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, and Solid Oxide Electrolyzer. Mobility, Industrial Processes, Domestic Energy Systems, and Power Grids are the application-based segments in the market. Captive, and Merchant (Pipeline, Liquid Tanker Trucks, Gaseous Tube Trailers) are the Generation and Delivery modes of the green hydrogen. Geographically, the major country markets in Europe are Germany, UK, France, Italy, and Spain. If You are Interested, Connect with Us to – Pre-Order this Report Europe Green Hydrogen Market Competitive Landscape of Major Players Some key players in the Europe Green Hydrogen Market include Linde Plc., Shell Plc., FuelCell Energy, Ballard Power Systems, Siemens Energy AG, Schaeffler Group, Air Products, and Bloom Energy. Impact of Covid-19 on Europe Green Hydrogen Market The ongoing Covid-19 pandemic has benefited the green hydrogen industry, notably in 2020, by exacerbating the trend toward decarbonization by minimizing hydrocarbon demand. In addition, long-term contracts, and continuous plant installation fueled renewables growth despite the lower electricity demand, supply chain challenges, and construction delays in many parts of the world due to COVID-19 disruptions. For instance, according to the International Energy Agency (IEA), a Paris-based intergovernmental organization, renewables’ share of global electricity generation increased to 29% in 2020, up from 27% in 2019. Bioenergy use in industry increased by 3%, but it was largely mitigated by a fall in biofuels, as lower oil demand reduced the use of blended biofuels. Following the relaxation of lockdowns in many countries, the green hydrogen market is expected to grow even more. For instance, in January 2021, The European Marine Energy Centre (EMEC), a United Kingdom Accreditation Service (UKAS) accredited test laboratory and inspection body based in Orkney Islands, UK, initiated a project with Highland Park and The Orkney Distillery to explore green hydrogen heating as a clean fuel solution for decarbonisation in the distilling sector. The HySpirits 2 project, led by the European Marine Energy Centre (EMEC), has been granted ~USD 59,864 (£58,781) in funding from the UK Government’s Department of Business, Energy, and Industrial Strategy (BEIS) to conduct a feasibility study assessing several technologies that would allow the use of green hydrogen as fuel in the distilling process. Key Segments Covered in Europe Green Hydrogen Market Europe Green Hydrogen Market by Technology Proton Exchange Membrane Electrolyzer Alkaline Electrolyzer Solid Oxide Electrolyzer Europe Green Hydrogen Market by Application Mobility Industrial Processes Domestic Energy Systems Power Grids Europe Green Hydrogen Market by Generation and Delivery Mode Captive Merchant Pipeline and Tube Trailers Liquid Tanker Trucks Ships Europe Green Hydrogen Market by Geography Germany UK France Italy Spain If You are Interested, Connect with Us to – Pre-Order this Report Key Competitors in Europe Green Hydrogen Market Linde Inc. Shell Plc. Air Liquide Siemens Energy AG Thyssenkrupp Schaeffler Group Air Products Toshiba Energy Systems & Solutions Corporation Nel ASA Engie Time Period Captured in the Report: Historical Period: 2017-2021 Forecast Period: 2022-2027 Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report: Green Hydrogen Production Companies Green Hydrogen Distributors Renewable Energy Companies Potential Investors in Green Hydrogen Companies Hydrogen Association Utilities Sector Organizations Automotive Companies Transportation Equipment Manufacturers Urban Mobility Systems Companies Industrial Power Generation Equipment Companies Commercial Power Generation Equipment Companies Research & Development Institutes Government Investors Ministries of Energy and Power Generation Ministries of Energy and Power Distribution Environment Control and Emission Regulatory Organizations Consulting companies in the energy and power sector Electrical infrastructure providers Gas turbine and IC engine manufacturers Government and research organizations Investment banks Investors and financial community professionals Renewable Energy Research Organizations Investment Funds Independent Power Producers (IPP) For More Information on the Research Report, Click on the Following Link: – Europe Green Hydrogen Market Analysis Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: Automotive Companies in Europe Green Hydrogen Market, Companies in Europe Green Hydrogen Market, Companies in Spain Green Hydrogen Market, Competitors in Europe Green Hydrogen Market, Consulting companies in the energy and power sector in Europe, COVID 19 Impact on Europe Green Hydrogen Market, COVID Impact on Europe Green Hydrogen Market, Engie Green Hydrogen Market Share in France, EU Green Hydrogen Industry, EU Green Hydrogen Market, Europe Alkaline Electrolyzer Green Hydrogen Market, Europe Electrolyzer Market, Europe Green Hydrogen Industry, Europe Green Hydrogen Industry Research Report, Europe Green Hydrogen Market, Europe Green Hydrogen Market Analysis, Europe Green Hydrogen Market End Users, Europe Green Hydrogen Market Future Outlook, Europe Green Hydrogen Market Growth Rate, Europe Green Hydrogen Market Major Players, Europe Green Hydrogen Market Report, Europe Green Hydrogen Market Research Report, Europe Green Hydrogen Market Revenue, Europe Green Hydrogen Market Segmentation, Europe Green Hydrogen Market Share, Europe Green Hydrogen Market Size, Europe Linde Green Hydrogen Market Size, Europe Proton Exchange Membrane Electrolyzer Market, Europe Schaeffler Green Hydrogen Market Analysis, Europe Shell Green Hydrogen Market Research Report, Europe Siemens Energy AG Green Hydrogen Market Share, Europe Solid Oxide Electrolyzer Green Hydrogen Market, Europe Tidal Energy Market, european Green hydrogen companies, European Green Hydrogen Industry, France Green Hydrogen Industry, France Green Hydrogen Market, Future growth of Europe Green Hydrogen Market, Future of Renewable Hydrogen in the European Union, Gas turbine and IC engine manufacturers in Europe, Geothermal Energy Market in Europe, Germany Green Hydrogen Industry, Germany Green Hydrogen Market, Green Hydrogen Distributors in Spain, Green Hydrogen Europe, Green Hydrogen in Europe, Green Hydrogen Industry in Europe, Green Hydrogen Market in Europe, Green Hydrogen Market in Mexico, Green Hydrogen Production Companies in Europe, Green Hydrogen Refueling Stations (GHRS) in Europe, Green Molecular Hydrogen in Europe, Green refinery hydrogen for Europe, Impact of Covid-19 on Europe Green Hydrogen Market, Italy Green Hydrogen Industry, Italy Green Hydrogen Market, Key Players in Europe Green Hydrogen Market, Leading Players in Europe Green Hydrogen Market, Major Investment banks in Europe Green Hydrogen Market, Major Suppliers of Green Hydrogen in France, Nel ASA networks business revenue in Europe, Number of users of Thyssenkrupp Green Hydrogen Market in EU, PEM Electrolyzer Manufacturers in Europe, Renewable Energy Companies in France, Renewable Energy Research Organizations in Europe, Report on Europe Green Hydrogen Market, Report on Toshiba Green Hydrogen Market, Solar Energy Market in Europe, Spain Green Hydrogen Industry, Spain Green Hydrogen Market, UK Green Hydrogen Industry, UK Green Hydrogen Market, Wind Energy Market in Europe