The global Power-to-X Market is expected to foresee significant growth. Asia Pacific to lead the growth!
- Vikas Kumar
- January 12, 2023
- ENERGY & POWER, NEWS
- Power-to-X Market, Power-to-X Market Analysis, Power-to-X Market Growth, Power-to-X Market Share, Power-to-X Market Size, Power-to-X Market Trend
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The Power-to-X Market is expected to grow at a CAGR of 18% from 2022-2028. Power-to-X technology enables the conversion of electricity into hydrogen, other fuels and even chemicals, which could help solve the dilemma of storing renewable energy. The key technology is electrolysis, where hydrogen is produced from CO2 and water using electricity by splitting water molecules. Using electricity from …
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