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WORLD ENERGY INSIGHTS: WORKING PAPER | REGIONAL INSIGHTS INTO LOW-CARBON HYDROGEN SCALE UP

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Charley Rattan's picture
World Hydrogen Leader Charley Rattan Associates

UK based offshore wind & hydrogen corporate advisor and trainer; Faculty member World Hydrogen Leaders. Delivering global hydrogen and offshore wind corporate investment advice, business...

  • Member since 2019
  • 3,470 items added with 2,317,668 views
  • May 26, 2022
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To support countries’ efforts to achieve the Paris Agreement goals whilst contributing to the diversity and security of their energy portfolios. This would require significant global trade flows of hydrogen and hydrogen-based fuels.

The momentum is continuing to grow worldwide, but differences are seen between regions – based on differing market activities and opportunities. Moving from “whether” to “how” to develop low-carbon hydrogen highlights significant uncertainties, which need to be addressed if hydrogen is to reach its full potential.

Can the challenges in various supply chain options be overcome?

Can hydrogen play a role in tackling climate change in the short term?

Can bankable projects emerge and the gap between engineers and financers be bridged?

Can the stability of supply of the main low-carbon hydrogen production sources be guaranteed?

Enabling low-carbon hydrogen at scale would notably require greater coordination and cooperation between stakeholders worldwide, to better mobilise public and private finance, and to shift the focus to end-users and people: by moving from production cost to end-use price, developing Guarantees of Origin schemes with sustainability requirements, developing a global monitoring and reporting tool on low-carbon hydrogen projects and better considering social impacts alongside economic opportunities

 

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Julian Silk on May 26, 2022

This working paper is relatively optimistic in claiming that the U.S. and China will be relatively self-sufficient in hydrogen.

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