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Germany and UK bid for ‘international leadership’ on hydrogen
Two governments sign joint declaration of intent to cooperate on driving growth of trade and investment in low-carbon hydrogen
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Gulf state plans pipeline network and other infrastructure to support development of large-scale hydrogen production
Letter on hydrogen: Gold rush
Excitement over natural hydrogen is building, but its potential to contribute meaningfully to global supply is unclear
Governments must ‘synchronise’ supply and demand goals – IEA
Imbalances between supply and demand ambitions risk derailing production growth, IEA warns
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The energy transition will require a scaleup in investment to meet net zero by 2050
Renewables Carbon capture Markets
Polly Martin
28 March 2023
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Hydrogen deployment ‘off track’ to meet net zero – Irena

The sector will need $170bn/yr in investment by 2050 for energy system to be consistent with 1.5°C limit to warming, says association

The energy transition is not on track to meet net-zero emissions by 2050 and limit global temperature increase to 1.5°C, warns the International Renewable Energy Agency (Irena) in a preview of its World Energy Transitions Outlook 2023 report. In addition to renewable energy capacity, electric vehicle rollout and CCS, hydrogen is highlighted as a sector that has significant gaps between current trends and the scale of development needed for a net-zero energy system. Irena expects electricity to be the main energy carrier in its 1.5°C scenario, accounting for more than half of final energy consumption, while hydrogen and its derivatives account for 14pc. “We simply cannot continue with i

Also in this section
Germany and UK bid for ‘international leadership’ on hydrogen
27 September 2023
Two governments sign joint declaration of intent to cooperate on driving growth of trade and investment in low-carbon hydrogen
Oman turns attention to midstream
26 September 2023
Gulf state plans pipeline network and other infrastructure to support development of large-scale hydrogen production
Letter on hydrogen: Gold rush
22 September 2023
Excitement over natural hydrogen is building, but its potential to contribute meaningfully to global supply is unclear
Governments must ‘synchronise’ supply and demand goals – IEA
22 September 2023
Imbalances between supply and demand ambitions risk derailing production growth, IEA warns

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