Policy and technology innovation have the power to build global clean energy industries. With a global energy sector in flux, the versatility of hydrogen is attracting stronger interest from a diverse group of governments and companies.
What is the role of hydrogen in the energy transition and what can be done to facilitate its integration?
Countries across the world are looking to hydrogen to play a key role in the transition to clean energy. It’s a complex role, part of a highly integrated supply chain, with myriad touch points; from the potential to utilise excess renewable electricity, as a replacement in our natural gas pipelines and in fuel cells in heavy vehicles. By 2050, hydrogen could form a significant part of the energy mix in a decarbonised energy system. And, given the current high cost of fossil fuels, hydrogen may finally be reaching competitiveness.
There is currently unprecedented political momentum surrounding hydrogen, with the number of policies and projects around the world expanding rapidly. Support is coming from governments that both import and export energy, and many are working towards establishing a role for hydrogen in their long-term energy strategies. What we need are policies that create sustainable markets for clean hydrogen, especially to reduce emissions from fossil fuel-based hydrogen, and which underpin investments by suppliers, distributors and users.