Posted by: bluesyemre | April 2, 2022

Which countries could become the world’s hydrogen superpowers?

Hydrogen could account for up to 12% of global energy use by 2050.
Image: UNSPLASH/Possessed Photography
  • Climate change and net-zero commitments are accelerating the shift from fossil fuels to alternatives such as clean hydrogen.
  • The race is on to adopt hydrogen technologies, with some countries positioning to become tomorrow’s hydrogen superpowers.
  • Hydrogen isn’t a direct substitute for coal, oil and natural gas, but it can help to decarbonize parts of the economy.

The global quest for clean energy is disrupting the fossil fuel-based world order. Hydrogen could account for up to 12% of global energy use by 2050, leading to the rise of new energy superpowers, according to a recently released report.

But who are the frontrunners in the race to adopt and scale up clean hydrogen and other low-carbon fuels. A new report from the International Renewable Energy Agency (IRENA), called Geopolitics of the Energy Transformation: The Hydrogen Factor, analyzes the political and economic changes taking place in the energy landscape.

It lists six leaders in developing policy initiatives, technology and export facilities to promote clean hydrogen value chains – all of which are needed if the world is to decarbonize sectors like steelmaking, shipping and road haulage.

https://www.weforum.org/agenda/2022/02/clean-hydrogen-energy-low-carbon-superpowers/?


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