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Green hydrogen: To localise or commercialise?
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Anticipated rampant growth in global demand for green hydrogen presents a major economic opportunity for many countries and is also a progressive zero-carbon journey solution for heavy industry high emitters. On episode 15, we examine both opportunities, looking at which countries are already keen on clean hydrogen and what’s driving strategic decision-making.
Green hydrogen, a clean and scalable energy storage solution, is more than just a zero-emission industrial feedstock. It's a transformative energy source with incredible potential, positioning itself as a beacon of sustainability.
The clean hydrogen market is expected to see exponential future demand growth. McKinsey reports that by 2050, green hydrogen could dominate the global supply mix, with a share of between 50 and 65 percent across scenarios.
While this is contingent upon a significant decline in production costs between 2030 and 2050, it represents a major economic opportunity for GCC nations and other global players.
But for heavy industry high emitters, abundant green hydrogen resources can’t be ignored as a zero-carbon solution and could be one of the most straightforward ways to cut emissions.
In episode 15, recorded at the 2024 World Future Energy Summit, we engage in a thought-provoking discussion with two climate change innovators. We explore the crucial decision of whether to localize or commercialize, delve into the factors driving strategic decision-making for governments, and ponder over what it means for countries in the region and their ambitious regional net-zero goals.
Moderator Jeffrey Beyer, Founder and Managing Director of Zest Associates, is joined by Frank Wouters, Chairman of the MENA Hydrogen Alliance and Dii Desert Energy Advisory Board; and Wietse ter Veld, Clean Hydrogen Expert - Middle East for AtkinsRéalis.
Powered by World Future Energy Summit, the Future Energy Insights show seeks to address the biggest challenges shaping the future of energy today, both in the Middle East and around the world. Find us on social media at @WFES
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