COP27 Energy Day: where hydrogen goes from here

November 15, 2022

With COP27 hosting Energy Day, we outline the state of play in the hydrogen sector, and key challenges and opportunities facing the industry on the path to decarbonisation.

There can be no doubt that hydrogen will play an important role in the transition to a Net Zero energy system, as shown in IEA’s Net-Zero Emissions by 2050 Roadmap.

Demand should grow six-fold by 2050 and its use should expand to new sectors, including long distance transport, shipping, aviation, new uses in heavy industry or power generation.

(…) By most yardsticks, 2022 will go down as a positive year for hydrogen – primarily thanks to the Inflation Reduction Act, which has been hailed as a ‘game changer’ through its production and tax credits.

But while the US has been setting the pace, with Europe not far behind with RePowerEU, there needs to be greater policy coherence, with country-by-country efforts to decarbonise evaluated against priorities.

Read more here.

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