Using Digital Financing for R&D Investment in Solar Hydrogen Production: A Case Study Approach

Project Description

Solar hydrogen is a seen as a viable green alternative to fossil fuels but for such a technology to be rolled out, investment is required, and in this project the role of digital financing will be explored. The novelty of the research programme is to examine the issue of financing investment in solar hydrogen generation from both the supply and demand side in a unified study, based on experimental case studies developed at DCU. The green hydrogen market is expected to rise from $755 million in 2020 to $10 billion globally by 2030. Currently 95% of hydrogen is produced by Steam Reforming using fossil fuels which produces vast amounts of CO2. Combining digital finance with technology development, will help to accelerate the deployment of solar hydrogen production into the marketplace.