1、June 2023HYDROGEN BROCHURE2HYDROGEN BROCHURE|BDO LLPCONTENTS1HYDROGEN OVERVIEW2HYDROGEN PRODUCTION3HYDROGEN TECHNOLOGIES AND APPLICATIONS4GLOBAL EFFORT5THE CHALLENGES OF THE HYDROGEN ECONOMY6PRIVATE EQUITY AND HYDROGEN:HOW WE CAN HELP7R&D TAX INCENTIVES 8MAIN TAKEAWAYS9OUR SERVICES10CONTACTS&CAPABIL

2、ITY3HYDROGEN BROCHURE|BDO LLPHYDROGEN OVERVIEWHydrogen is a chemical molecule which bonds two hydrogen atoms together,and it can be abundantly found in water,natural gases,plants,animals,and oil,but always form parts of other compounds.In nature,Hydrogen exists as a colourless and odourless gas,and

3、possesses high energy content.So,why is everybody talking about hydrogen,and how can we take advantage of its characteristics to significantly benefit technology and society,including tackling global warming?OPPORTUNITIESWhen hydrogen burns,it produces zero carbon emissions.If we can decarbonise man

4、y traditional processes or technologies by using hydrogen instead,or produce hydrogen from methods that are not carbon-intensive,then contributions to greenhouse gas emissions can be significantly reduced.That is why hydrogen energy is being viewed as increasingly important in the fight against the

5、climate crisis.In addition to decarbonisation,another major opportunity that may be realised through utilising hydrogen is that due to its abundant existence in nature,the reliance on overseas commodities required for energy(e.g.natural gas,oil)is lessened,and countries may be able to better utilise

6、 domestic energy sources.This should go some way to preventing the destabilising energy crises caused by events such as the Russian invasion of Ukraine,with countries moving towards being more reliant on their own power sources.3HYDROGEN BROCHURE|BDO LLP4HYDROGEN BROCHURE|BDO LLPHYDROGEN PRODUCTION