Circularity | Blockchain & Energy
  • 🟢Circularity: An Overview
  • 1.1 Introduction
  • 1.2 Mission and Goals
  • ⚠️Key Challenge 1 - The Clean Energy Problem and Carbon Offset Conundrum
  • ⚠️Key Challenge 2 - Successfully Addressing Blockchain Technology's Climate Concerns
  • 💡Summary - What is Circularity?
  • 🛣️Project Roadmap
  • Circularity Solutions
    • 💸Products and Revenue Model
      • 🪙Circularity Token - $CRTY
      • 📊$CRTY Tokenomics
      • 💎Circularity NFT Collections
        • Why is Circularity Using NFTs?
      • ☢️Limited-Time PsyEco Collection
      • 📝Circularity Ownership Collection
      • ℹ️$CRTY and NFT Rewards Explained
    • ⚡Clean Energy Investment, Research and Development (DAO)
  • Project Fundamentals
    • Carbon Capture, Storage and Utilization
    • Carbon Sequestration
    • Clean Hydrogen
    • Green Blockchain
  • Remarkable Projects
    • Carbon Capture
    • Green Hydrogen
    • Social Impact and Environmentalism DAOs
  • Extras
    • Conclusion - Moving Forward to Solve Climate Change with Clean CO₂ and H₂
    • References
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  1. Remarkable Projects

Green Hydrogen

PreviousCarbon CaptureNextSocial Impact and Environmentalism DAOs

Last updated 2 years ago

To attain net-zero emissions, it is pivotal to adopt the use of green hydrogen in a number of fields. Circularity takes inspiration from countries that are paving the way for green hydrogen production through policies and technologies.

China

China consumes over 24 million tons of hydrogen yearly (though not exclusively green), projecting the increasing value of this industry. Fortunately, in terms of companies, is leading the country’s first one-megawatt green hydrogen production project as a refueling station in the city of Beijing.

South Korea

South Korea is working its way to becoming a self-sufficient country. With 40 overseas hydrogen plants and the Hydrogen Economic Promotion and Safety Control Act passed in the country, hydrogen will be South Korea’s largest energy source by 2040, accounting for 33% of total energy consumption. In 2019, South Korea adopted the to foresee hydrogen industry supply, demand and distribution for the coming years.

United States

India

Japan

Spain

Texas is the second-largest producer and consumer of hydrogen today, accounting for 13% of global demand. is overseeing the development of the Hydrogen City, the world’s biggest green hydrogen plant. It is expected to produce 60 gigawatts per year, using onshore wind and solar power, with plans to commence operations in 2026.

India launched the to focus on achieving energy independence for the first half of this century. The country aims to generate 5 million tons of green hydrogen by 2030, pushing forth proposals for the establishment of green hydrogen and ammonia manufacturing zones.

In 2017, Japan became the first nation to devise a hydrogen strategy. With big companies like championing the development of hydrogen fuel cell technology, investments in hydrogen and fuel cell technologies exceeded $670 million in 2020 and the nation plans to become “the first global hydrogen economy”.

Finally in Spain, where most of Circularity's team is currently located, both and are the biggest proponents of green or "renewable" hydrogen (as Endesa calls it). Endesa plans to invest 2.9 billion euros in 23 green hydrogen projects in Spain, while Iberdrola has 60 different projects lined up in eight countries (Spain, the UK, the US and more), which would amount to an investment of 150 billion euros; by 2030, this company plans to have developed 4,000 MW of electrolyser capacity for hydrogen production.

Green Hydrogen International
National Hydrogen Mission
Toyota
Iberdrola
Endesa
Siemens Energy
Hydrogen Economy Roadmap