In the global race to achieve net zero by 2050, low carbon hydrogen has emerged as a so called climate silver bullet.
In 2021, The International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook estimated that hydrogen and its derivatives would account for 12% of final energy consumption by 2050 – however, key questions remain about the near and intermediate steps which must be taken along the way.
In this report we look at both the opportunities and challenges of green hydrogen as well as possible pathways for governments and corporates alike. We examine how investment in infrastructure and innovative technology will both be needed in equal abundance alongside policies that support the hydrogen adoption. Importantly, we also identify how public and private sector cooperation will be crucial if hydrogen is to become a ‘fuel of the future’.