Green hydrogen for transportation
The current energy transition has also influenced players in the transportation sector to invest in green hydrogen-driven technology. If the pilot projects and research activities underway progress as planned, green hydrogen would be one of the most-sought-after technologies for transformation, and the transportation sector would set a benchmark by keeping a check on CO2 emissions, while simultaneously meeting growing demand.
• Shifting dependence to alternative fuels would help reduce CO2 emissions from
the transportation sector
• A number of pilot projects are underway using green hydrogen to fuel different
methods of transportation
• Policymakers’ support is required for the wide adoption of fuel cell-based vehicles
• The transition would reduce transportation costs and make the sector more sustainable
Binayak Ransingh is an Energy & Utilities practice lead in Acuity Knowledge Partners’ Private Equity & Consulting vertical. He has over six years of experience in the power and utilities sector, helping clients with various consulting and business research projects involving market assessment & intelligence, competitive benchmarking, market entry & expansion strategy, technology impact analysis, and business model analysis. Binayak holds an MBA in Power Management and a bachelor’s degree in Power System Engineering.
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