As the world focuses on reducing carbon emissions, pink hydrogen, produced through water electrolysis using nuclear energy, is gaining prominence in the energy transition. This method offers a carbon-free alternative to traditional hydrogen production dependent on fossil fuels, aligning with global decarbonization objectives, especially in energy-intensive industries like steel, cement, and transportation. The growth of pink hydrogen is supported by advancements in nuclear technologies, particularly small modular reactors, fostering its development in regions with robust nuclear infrastructure such as Europe. With favorable government policies and substantial investments, the global pink hydrogen market is poised for significant expansion, exemplified by recent initiatives in countries like France and the UK. The article discusses the positive outlook for pink hydrogen, highlighting its potential to play a vital role in achieving sustainable energy goals. The market projection of USD 252.82 billion by 2033 underscores the optimistic trajectory of this carbon-free energy solution.