Industry associated with the use of hydrogen energy

Hydrogen renewable energy production

Photo by Shutterstock

Industry associated with the use of hydrogen energy
H2 generation prospecting projects in Uruguay under a general incentive program
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Use of renewable energy for the generation of green H2 together with its derivatives (NH3, Synfuesl Jetfuel and green steel). This production chain ranges from electricity generation from renewable sources (wind, photovoltaic, on-shore or off-shore), conversion to H2 (hydrolysis plants), generation of new fuels, application to transport (road, maritime) and finally export logistics in ports.

Expected Impact

Generation of green H2 is a step towards decarbonization, it will cause an increase in GDP, exports, generation of foreign exchange and job creation.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
< 5% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Long Term (10+ years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7) Responsible Consumption and Production (SDG 12) Partnerships For the Goals (SDG 17) No Poverty (SDG 1)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Decent Work and Economic Growth (SDG 8) Responsible Consumption and Production (SDG 12) Gender Equality (SDG 5)
Sector Sources
  • (1) https://www.gub.uy/ministerio-industria-energia-mineria/politicas-y-gestion/impulsando-economia-del-hidrogeno-verde (2) https://www.airliquide.com/stories/hydrogen/hydrogen-vision-societal-project-sustainable-future (3) https://fch.cl/iniciativa/hidrogeno-verde/ (4) https://www.akersolutions.com/ (5) https://enertrag.com/en/audience-pages/hydrogen-customers (6) https://www.lindehydrogen.com/ (7)https://visualizador.gobiernoabierto.gub.uy/visualizador/api/repos/%3Apublic%3Aorganismos%3Aambiente%3Avisualizador_cdn.wcdf/generatedContent (8) https://www.gub.uy/ministerio-industria-energia-mineria/politicas-y-gestion/impulsando-economia-del-hidrogeno-verde (9) https://ben.miem.gub.uy/caracteristicas3.php (10) https://www.gub.uy/ministerio-industria-energia-mineria/comunicacion/noticias/sobre-proyecto-piloto-h2u (11) https://www.gub.uy/ministry-industry-energy-mining/hydrogenoverde (12) http://www.energiasolar.gub.uy/index.php/investigacion-e-innovacion/investigacion-fotovoltaica/investigacion-fotovoltaica-proyectos-de-investigacion# (13) https://www.gub.uy/ministry-economy-finance/communication/news/adjustment-basic-general-criteria-functioning-decree-268020-anexo-i (14) http://www.efficiencyenergetica.gub.uy/ (15) http://www.efficiencyenergetica.gub.uy/marco-legal (16) https://www.gub.uy/ministerio-industria-energia-mineria/hidrogenoverde (17)https://visualizador.gobiernoabierto.gub.uy/visualizador/api/repos/%3Apublic%3Aorganismos%3Aambiente%3Avisualizador_cdn.wcdf/generatedContent (18)https://visualizador.gobiernoabierto.gub.uy/visualizador/api/repos/%3Apublic%3Aorganismos%3Aambiente%3Avisualizador_inventario.wcdf/generatedContent
IOA Sources