Green Hydrogen: The Road To Digitalization And A Greener Future
Data-driven actions can aid in developing a flexible and sustainable hydrogen energy market. The international community has demonstrated its commitment to reducing carbon emissions and mitigating climate change. Green hydrogen makes up only 0.1% of worldwide hydrogen production. However, it is a strong option for resolving the volatile nature of renewables and decarbonizing prominent industries.
Green hydrogen is a major component of low-carbon economies and can pave the way for the industrial revolution. A total of 359 hydrogen fuel projects are currently being developed worldwide, with a total value of $500 billion in investment pipelines and a mature investment of $150 billion. Technologies have enormous potential and are crucial in the production of renewable energy from hydrogen. Green hydrogen has the capacity to fuel vehicles, airplanes, and ships. It can also be used to power houses, buildings, and industries. Here are some of the technical developments that make use of the hydrogen revolution.
Industrial sectors face a significant challenge in reducing downtime. Similarly, hydrogen production plants are also encountering the same issue. To avoid technical problems and process failures, prompt warning alerts are needed as they’ll help maintain the hydrogen plants at their maximum capacity. Asset-intensive industries may use AI to decrease plant or machinery downtime and improve dependability. AI combined with predictive analysis also helps save money on operations and maintenance of production plants.
Sensors used in industrial organizations can generate tons of data, allowing them to monitor every aspect of production. The data points optimize the connectivity and transparency of edge-to-enterprise when integrated across segregated departments and divisions. This process also enhances cross-functional collaboration to improve daily operations and procedures. Operational bottlenecks are revealed during the process, allowing for crucial decisions making that has a significant influence on the bottom line.
A highly developed and optimized production process is the source of competitive advantage. By combining design and construction processes on a unified system, firms will be able to operate with international business and virtual companies. Engineers from all around the world may now investigate all aspects of a prototype architecture and calculate its influence on the environment, profitability, and scalability. To shorten the engineering phase in clean energy plants, the digital simulation might provide agility to the prototype, design, and operations.
The critical success factors or KPIs for hydrogen production include plant efficiency, production levels, quality, power consumption, and storage, requiring transparency to guarantee efficient operation. The artificial intelligence of things can detect irregularities rapidly through smart warnings, monitoring KPIs through sensor-equipped assets, and plant life span via cloud services outside of operation centers. The plant operation cost can be reduced by 10% to 20% due to decreased energy use and more efficient staff. It is combined with immediate plant operations monitoring and remote asset control.