surge in demand for hydrogen

But risks and challenges remain. For starters, a surge in demand for hydrogen, solar panels, electric vehicles, batteries, and other components critical to the EU’s green transition will increase competition over the raw materials needed to scale up production, such as nickel and platinum. Global suppliers of these raw materials are located mostly in countries such as China, Russia, Indonesia, and the Philippines, as well as in Africa (especially South Africa but also Zimbabwe). In its 2023 Critical Raw Materials Act, the EU proposed a number of solutions to address this, most notably a diversification of supply sources. Given the abundance of hydrocarbons in the GCC monarchies, it is conceivable สล็อตเว็บตรง