Great News for HYDROGEN lovers – the new IEA Global Hydrogen Review 2023 is COMING SOON
Everyone loves hydrogen and a lot of hopes for a cleaner energy future hinge in the development of such technology. The road is still long to make hydrogen (and green one) a concrete reality but the momentum behind its large-scale deployment keeps building not only for climate reasons but also for energy security ones. The challenge is twofold:
✅ On one side there is the need to bring down the cost of electrolysers – a sector that sees encouraging trend as manufacturing capacity is announced in significant expansion.
✅ On the other side the key element is to create a robust and sustainable demand for hydrogen use, an area where are emerging important signs of progress especially in the steel production, transportation and electricity generation.
The Global Hydrogen Review is an annual publication by the International Energy Agency that tracks hydrogen production and demand worldwide, as well as progress in critical areas such as infrastructure development, trade, policy, regulation, investments and innovation.
The report is an output of the Clean Energy Ministerial Hydrogen Initiative and is intended to inform energy sector stakeholders on the status and future prospects of hydrogen while also informing discussions at the Hydrogen Energy Ministerial Meeting organised by Japan. Focusing on hydrogen’s potentially major role in meeting international energy and climate goals, this year’s Review aims to help decision makers fine-tune strategies to attract investment and facilitate deployment of hydrogen technologies while also creating demand for hydrogen and hydrogen-based fuels. It compares real-world developments with the stated ambitions of government and industry.
Source: IEA
