21st Century Hydrogen Energy Economics, Swot Review and Selected Examples of Global Patterns

  • Dr. Hakan ÇORA, Dr. Elnur Hasan MIKAIL

Abstract

Energy has been one of the basic needs of human beings throughout their historical development. Within the framework of the opportunities provided by nature, the existing energy resources have been consumed at increasing levels. This phenomenon has led to the depletion of conventional energy resources, which have already been limited to reserves, to a great extent while at the same time leading to global climate change and environmental destruction that threaten living organisms. Today, renewable energy sources have been brought to the agenda in order to meet the increasing energy needs of societies in a reliable, uninterrupted and clean way. It is possible to make an efficient, low-cost and continuous production from renewable energy sources with the developing technological innovations. In addition, renewable energy sources make significant contributions to the national economies today. Hydrogen energy is considered as “the energy of the 21st century”. The fact that the need for energy in the world increases and the resources decrease, and that one day it will all deplete, has led people to alternative energy sources. Some developed countries have made significant progress in hydrogen energy, benefiting from the benefits of technology. In this research after giving information about the concept and economy of hydrogen, a SWOT analysis on hydrogen economy has been carried out. We also addressed the place of hydrogen energy in some countries and how hydrogen has become a noteworthy fuel alternative both in terms of environmental and economic aspects.

Published
2020-05-19
How to Cite
Dr. Hakan ÇORA, Dr. Elnur Hasan MIKAIL. (2020). 21st Century Hydrogen Energy Economics, Swot Review and Selected Examples of Global Patterns. International Journal of Advanced Science and Technology, 29(9s), 4212 - 4219. Retrieved from https://sersc.org/journals/index.php/IJAST/article/view/16794