The discussion highlighted the major roadblocks to scaling up local manufacturing, the impact of government incentives and tenders, and strategies to safeguard supply chains against potential disruptions. The panelists shared insights on current challenges, technology advancements, and opportunities for strengthening India’s electrolyser ecosystem to support the country’s green hydrogen ambitions.
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CWP Global has inked MoU with the Corner Brook Port Corporation (CPBC) to explore the potential for a green hydrogen hub in Canada. The Gwinya project aims to harness up to 5 GW of wind energy to produce green hydrogen and green iron, aligning with Newfoundland and Labrador’s economic and environmental goals.
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The Indian Ministry of New and Renewable Energy (MNRE) has introduced a framework for incentive implementation to encourage the annual production of 200,000 metric tonnes (MT) of green hydrogen. The MNRE may determine any additional capacity for subsequent phases, if applicable. The incentives will be awarded for a duration of three years. It has further established the incentive implementation structure for generating and delivering green ammonia at the most economical rate through a competitive selection procedure within mode 2A of the SIGHT initiative.
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Gas-rich regions like the Middle East are strategically positioning themselves to leverage their natural advantages by venturing into the hydrogen market, targeting markets in Europe and Asia. Recent geopolitical developments, particularly the Ukraine conflict, have also unleashed a profound impact on gas prices globally. This has elevated the opportunity cost associated with producing blue hydrogen, whose production is tethered to gas pricing, amplifying the significance of pricing dynamics in the equation.
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While Brunei Darussalam has long been renowned for its oil and gas production and export, it is now embracing a shift towards carbon neutrality by 2050. To achieve this goal, Brunei must transition from oil and gas to clean fuels, such as hydrogen, for both production and export. The estimated production cost of green hydrogen in Brunei ranges from US$3.5 to $5.2 per kg-H2, slightly higher than the global target of US$1 to $2 per kg-H2. Hence, reducing the production cost of green hydrogen will be vital, achieved through adopting lower-priced solar PV systems and improving the efficiency of electrolysis technology.
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In Denmark, hydrogen will be produced using renewable energy sources like wind and solar with zero carbon emissions. This supports Denmark’s commitment to clean energy, decarbonisation, and reaching climate neutrality in 2050. The next step is decarbonisation of heating, transportation, and industry through both direct and indirect electrification, taking advantage of the high level of renewable energy in the Danish energy system. Hydrogen is the natural conclusion of this journey.
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Western Australia was one of the first jurisdictions globally to develop a Renewable Hydrogen Strategy and has made significant progress on this important initiative since 2019. The overall vision remains, however the changing international environment including significant global policy shifts, and the completion of the 2022 Strategy goals necessitate a refresh to Western Australia’s Renewable Hydrogen Strategy.
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Hydrogen has caught significant attention from a wide range of stakeholders in EU Member States. It has a vast potential and is of great benefit, particularly for hardest-to-abate sectors, such as steel and chemicals, where electrification and energy efficiency are insufficient to enable the desired deep decarbonisation. However, this potential remains largely untapped as, to date, European national hydrogen strategies typically do not feature sound sectoral targets for the use of hydrogen.
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The announcements in the Powering Up Britain plan in March 2023 show that the transformation of the UK energy system is well underway. These announcements will help to ensure the provision of cheap, clean and secure British energy, with delivery of a hydrogen economy a crucial area of action. The government committed in the UK Hydrogen Strategy (2021) to provide regular updates on policy development, to keep industry informed of the progress.
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This report focuses on three key aspects that G20 nations should prioritize to establish and accelerate the adoption of green hydrogen. It also provides recommendations on the role of intergovernmental cooperation and fostering strategic cooperation among G20 nations across the identified focus areas and achieve scale, standardization, and collaborative innovation to advance green hydrogen technology deployment.
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The NZIA proposal addresses some important bottlenecks for the scale-up of hydrogen technologies and uses, via accelerated permitting procedures, facilitation of public and private financing, access to market and skills development, amongst others. This proposal is welcome, but several key shortcomings need to be addressed during the legislative process for an impactful implementation.
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The largest steelmakers in Japan and Korea are aligned on reaching net zero by 2050, but they are plotting very different courses to get there. Japan’s Nippon Steel and JFE Steel, along with South Korea’s POSCO, are East Asian steelmaking leaders with similar production sizes and structures. They have comparable starting points and face the same resource constraints. But while Nippon and JFE still see a role for blast furnaces in 2050, POSCO is all in on hydrogen (H2).
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On June 28,2023, MNRE released its scheme guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component I: Incentive Scheme for Electrolyser Manufacturing“. These incentives are intended to promote quick scale-up, technological advancement, and cost reduction for electroloysers in India. The financial outlay for the scheme is Rs 44.4 billion. The programme will be implemented from 2025-26 to 2029-30.
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Pathways for clean hydrogen to decarbonize applications are informed by demand scenarios for 2030, 2040, and 2050 with strategic opportunities for 10 million metric tonnes (MMT) of clean hydrogen annually by 2030, 20 MMT annually by 2040, and 50 MMT annually by 2050. These values are based not only the opportunity for clean hydrogen production in the U.S., but on demand for clean hydrogen use across sectors, informed by achieving market competitiveness in specific applications.
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The 2023 edition of the report covers the latest updates across the globe, including key jurisdictions across Europe, Asia-Pacific, Africa and The Americas, highlighting key funding and support schemes, and exciting projects happening across the space. This year, the report also includes new chapters for Denmark, Morocco, Sweden, India, Argentina, Chile and The United States.
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The findings indicate that with government support, declining renewable energy costs, rapid technological advances, and a growing focus on decarbonization and sustainability, the demand for low-carbon hydrogen will increase manifold in the coming years. E&U organizations expect low-carbon hydrogen to meet up to 18% of energy demand by 2050.
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Despite a slight fall in the regions Hydrogen Index score since Q421, NAWE remains the global leader due to a strong renewable base, low risks and policy support for green hydrogen production. In the Green Hydrogen Suitability Index, which measures a market’s attractiveness for green hydrogen investment, NAWE’s regional average for the hydrogen suitability score is 67, which is well above the global average of 47.
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To implement the European Hydrogen Strategy it is important to understand whether the transport of hydrogen is cost effective, or whether hydrogen should be produced where it is used. If transporting hydrogen makes sense, a second open question is how long the transport route should be for the cost of the hydrogen to still be competitive with locally produced hydrogen.
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The UK government’s Department for Business, Energy & Industrial Strategy has released its Hydrogen Sector Development Action Plan. The purpose of this Sector Development Action Plan is to highlight the nature and scale of opportunities across the hydrogen economy in the UK. It focuses on four key areas: investment; supply chains; jobs and skills; and exports. It sets out actions in those areas being taken by government and industry to maximise the benefits from scaling up the UK hydrogen economy.
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After a process of analysis and exchange with relevant national and international actors, it is concluded that Uruguay has very good conditions for the development of green hydrogen and its derivatives. Based on this conclusion the present roadmap to 2040 is proposed. The “Green Hydrogen Roadmap in Uruguay” is available for consultation until 15 August.
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