Unlocking the Full Potential of Green Hydrogen

I’m delighted to share a few thoughts on how we can scale up the development and use of green hydrogen across the globe.?

1.???? Technology Investments will Reduce Production Costs: Green hydrogen still costs twice as much as other energy sources, such as grey hydrogen. As stated by the International Renewable Energy Agency (IRENA), by investing in renewable electricity and scaling up the use of high-quality electrolysers, we can reduce hydrogen costs by up to 85%, moving the cost from the current price of $4-$6 per kg to $2/kg by 2030.

2.??? Plug the Infrastructure Gap: There are approximately 2,100 kilometres of hydrogen transmission pipelines globally vis-à-vis that of natural gas, which stretches to approximately three million kilometres. While this gap is to be expected, a failure to close it creates structural limitations which prevent companies from transitioning to green hydrogen or similar low-carbon alternatives. To address this issue, companies need to be given regulatory incentives to make long term investments. It also means thinking creatively about how we repurpose existing infrastructure to suit the hydrogen economy.

3.??? Standardisation is Crucial: Clear global standards will be integral for fostering investment and regulatory certainty. This ranges from how “clean hydrogen” is defined to clarifying the appropriate emissions and water use thresholds for the energy to be deemed “green”. Improved global standards will also provide a clear reference point for project developers and enable regulators to coordinate more effectively. Overall, policymakers must prioritise reducing the burdensome red tape that slows down projects and hampers the development of renewable infrastructure.

As the transition to green energy gains momentum across the globe, my colleagues at Limak Energy are excited to help unlock the potential that green hydrogen offers to both Türkiye and the globe’s push for net zero emissions.

#greenhydrogen #netzero #renewableenergy