Hydrogen is predicted to play a leading role in the energy transition with the “green oil of the 21st century” increasingly promoted by governments worldwide. As an alternative to fossil fuels, it could be a valuable tool for tackling climate change in future, helping many industries to reduce their CO2 emissions.
This risk bulletin from Allianz Global Corporate & Specialty (AGCS) highlights some of the opportunities and challenges of a trend at the forefront of the energy industry and also assesses the risk environment of technologies associated with the production, storage and transportation of green hydrogen.