Nepal harnesses hydropower for green hydrogen push
Use of surplus hydropower could see Himalayan country become one of world’s lowest-cost producers
Nepal aims to utilise its vast hydroelectricity network to produce some of the world's cheapest green hydrogen, according to the government’s National Green Hydrogen Policy 2080, which was launched at the start of this year. Based on current renewable energy prices, hydrogen production costs range from €3.50–€3.75/kg in Nepal, comparable to China and slightly higher than Russia, according to estimates from professional services firm PwC. By 2030, Nepal could be among the few countries producing hydrogen at the cheapest rate of €2–2.25/kg, PwC said. The hydrogen policy aims to transition Nepal to a low-carbon economy while exploring export opportunities, although the regulatory frameworks aro
Also in this section
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
11 November 2024
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets