Understanding Global Hydrogen Strategies Strengthening Clean Hydrogen Opportunities

Across the globe, 15 countries have already announced their official national hydrogen strategies, while several others have announced roadmaps and official statements to establish their domestic hydrogen ecosystem. Although in the past there was significant interest in developing a hydrogen economy, absence of affordable renewable energy (RE) and urgency to decarbonize hard-to-abate sectors were hindering the case for hydrogen’s deployment. Decreasing costs due to advancements in RE and electrolyzer technologies, and the impetus to decarbonize economies can now enable a cost efficient and feasible transition to hydrogen.

Capability to produce hydrogen is seen as a strong element of energy security, and thus countries are aiming to establish themselves as pioneers across the hydrogen value chain. Countries are adopting an array of policy, regulatory, and financial mechanisms to enable supply-demand frameworks for establishing their hydrogen ecosystems.

WRI India has carried out preliminary research to understand some of the common policy manoeuvres/instruments currently supporting the development of niche hydrogen ecosystems globally and would aim to further solidify these understandings through this webinar.