Green hydrogen produced by renewable energy could be a “game-changing” solution for both energy security and ambitious climate targets. The most promising applications of green hydrogen are those where renewable energy cannot be used, including decarbonizing hard-to-abate sectors, such as steel and cement; long-term and seasonal energy storage; and cross-border trade.
Global investment in green hydrogen is still small compared to investments in renewable energy, mainly due to the high costs. However, these costs are expected to significantly decline during 2030–2050. Asia and the Pacific is playing an important role in the move toward a society in which hydrogen will be vital for daily life and economic activities. National hydrogen strategies have already been developed in a growing number of countries in Asia and the Pacific, including Australia, India, Japan, New Zealand, the People’s Republic of China, the Republic of Korea, and Singapore, and are under preparation in many others.
Hydrogen in Decarbonization Strategies in Asia and the Pacific focuses on both importing and exporting countries of hydrogen and features innovative and insightful research examining hydrogen society development. The discussions aim to inform and be accessible to a broad audience, including policy makers and non-energy experts looking to stay abreast of the latest decarbonization trends in the region.
