Is the International Hype of Hydrogen Justified?
The report examines the potential of clean hydrogen as a decarbonization solution for hard-to-abate sectors, highlighting investment needs, technological challenges, and geopolitical factors affecting its adoption and market growth.
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| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | S. Rajaratnam School of International Studies |
| Authors: | Frank Umbach |
| Time horizon: | 2030 |
| Geographic focus: | Global |
Methods
The research employs a comprehensive analysis of current hydrogen technologies, market trends, investment requirements, and geopolitical factors. It uses data from international agencies, government strategies, and industry reports to assess the potential and challenges of hydrogen as a decarbonization solution.
(Generated with the help of GPT-4)
Key Insights
The report explores the role of clean hydrogen in decarbonizing hard-to-abate sectors like heavy manufacturing and energy-intensive industries. It discusses the projected growth of hydrogen production, requiring significant investment in electrolysers and carbon capture, utilization, and storage (CCUS) technologies. The report highlights the uncertainties surrounding hydrogen's adoption in other sectors, such as transport and aviation, due to cost and technological challenges. It also addresses the cautious stance of investors and banks, given the perceived risks. The report outlines the global hydrogen market's expected growth by 2050, emphasizing the shift towards green hydrogen. It discusses the European Union's strategies to increase hydrogen production and the challenges of transporting hydrogen over long distances. The report also covers the cost and technological hurdles in hydrogen infrastructure development and the need for international cooperation and investment, particularly in regions like Africa. Furthermore, it examines the geopolitical and regulatory factors influencing hydrogen projects and the need for a realistic perspective on hydrogen's potential.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2030 time horizon | 2030s time horizon | English publication language | Global geographic scope | clean hydrogen | decarbonization | geopolitical factors | hydrogen market growth | infrastructure development | international cooperation | investment needs | regulatory factors | technological challenges | transport challenges