As the buzz is all about green hydrogen, many experts and scientists are noting the fact that Pink hydrogen will play a significant part in achieving a low-carbon clean-energy future. At first look, it may appear counterintuitive that the usage of nuclear power will make pink hydrogen among the more economical hydrogen choices. But with the falling cost of nuclear energy and constant research and development of better infrastructure in the nuclear sector, pink hydrogen can become a reality in the coming future to lower the carbon footprint.
It is vital to note that the color labeling of hydrogen does not truly correspond to the look of hydrogen itself. Color labeling is used to distinguish between the many methods of producing hydrogen. Pink hydrogen defines the hydrogen produced by nuclear power.
One difficulty confronting the hydrogen sector is decarbonization. Another problem is lowering prices, as hydrogen, particularly green hydrogen, can be expensive to manufacture. The drive for cost reduction makes hydrogen generation an ideal partner for nuclear power, as lowering nuclear prices has long been a priority for energy experts.
Electrolysis is used to produce hydrogen, although it is an extremely inefficient technique. Just around 75% of the energy used in the electrolysis machine is converted into hydrogen. The same may be stated regarding nuclear power since only 30% to 40% of the energy produced by nuclear fuel gets converted to electricity. Yet, mixing nuclear power with electrolysis can provide astounding results. This not only lowers the price of pink hydrogen but also makes it a significantly more dependable energy source.
The Department of Energy (DOE) will give $8 billion to provide financial support to hydrogen projects around the country under the Infrastructure Investment and Jobs Act (IIJA) of Bipartisan Infrastructure Deal. $7 billion of this money will be distributed through the Department of Energy’s Regional Clean Energy Centers initiative, which will competitively award financing to labs, universities, research centers and the business sector to promote clean hydrogen projects and cut commercial implementation costs.
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International focus is gradually moving to “pink hydrogen,” which, by harnessing the power of the atom, might ultimately unlock the hydrogen economy. It will take years to create the infrastructure required for such technology to be widely embraced, but nuclear technology is now evolving at a breakneck speed, so it may not be as far distant as one might think. Accelerating the production of Pink hydrogen will play a significant part in achieving a low-carbon clean-energy future and will equip the energy source to fully benefit from the falling cost of nuclear energy in the future years.
Source: World Energy