Carbon Capture, Utilization, and Storage technologies have emerged as an important weapon in the global fight against climate change. CCUS refers to a set of strategies that capture and store carbon dioxide emissions from industrial operations or power generation, keeping them from being released into the atmosphere.
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Hydrogen market penetration refers to the extent to which hydrogen is adopted and used as an energy source or feedstock in various industries and applications. Hydrogen has gained significant attention as a potential clean energy carrier and has the potential to play a crucial role in reducing greenhouse gas emissions, particularly in sectors that are challenging to decarbonize, such as transportation and heavy industry. The choice of whether to enter new markets directly or through partners is contingent upon several industry-specific considerations in the hydrogen sector.
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