Full Title: Geopolitics of the Energy Transformation: The Hydrogen Factor
Author(s): International Renewable Energy Agency (IRENA)
Publisher(s): International Renewable Energy Agency (IRENA)
Publication Date: January 15, 2022
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Description (excerpt):
As countries around the world rally behind net zero targets, hydrogen is increasingly seen as a missing piece of the energy transformation puzzle to decarbonise harder-to-abate sectors. The possible pathway on which hydrogen might evolve still involves many uncertainties. With the growing momentum to establish a global hydrogen market comes the need for a deeper understanding of its broader effects, including geopolitical aspects. IRENA has carried out an in-depth analysis of the geopolitics of hydrogen as part of the work of the Collaborative Framework on the Geopolitics of Energy Transformation (CF-GET). The report builds on IRENA’s substantial body of work in hydrogen and benefits from a wide range of expert input in the fields of energy and geopolitics.
This report considers whether and how hydrogen may disrupt future energy systems, reflecting on many of the key themes discussed in the Global Commission’s report, A New World – The Geopolitics of the Energy Transformation. The analysis offers insights into how countries and stakeholders can navigate the uncertainties and shape the development of hydrogen markets, and outlines policy considerations to help mitigate the geopolitical risks and capitalise on opportunities.