Oil and Gas News from OilGasDaily.Com
OIL AND GAS
Green hydrogen faces critical challenges in bridging ambition and reality
illustration only
Green hydrogen faces critical challenges in bridging ambition and reality
by Robert Schreiber
Berlin, Germany (SPX) Jan 15, 2025

"Over the past three years, global project announcements for green hydrogen have almost tripled," says PIK researcher and lead author Adrian Odenweller. "However, only seven percent of the production capacity originally announced for 2023 has been completed on time during this period." According to the study, recent challenges in scaling up green hydrogen production stem from increased costs, limited demand-side willingness to pay, and uncertainties surrounding future subsidies and regulations.

Falko Ueckerdt from PIK elaborates, "Enormous additional subsidies of around one trillion US dollars would be required to realise all announced hydrogen projects by 2030. Green hydrogen will continue to have difficulties meeting the high expectations in the future due to a lack of competitiveness." Ueckerdt emphasized that permanent subsidies are not a viable solution. Instead, he and his colleagues advocate for demand-side strategies like binding quotas to ensure green hydrogen is directed into sectors resistant to electrification, such as aviation, steel, and chemicals. For instance, an EU regulation mandates that starting in 2030, 1.2 percent of aviation fuels must incorporate synthetic fuels derived from hydrogen, with this figure increasing to 35 percent by 2050.

Subsidy gaps highlight financial hurdles

The researchers identified three major gaps that hinder the deployment of green hydrogen: the past implementation gap, the future ambition gap, and the future implementation gap. The past implementation gap highlights the disparity between announced hydrogen projects and those completed by 2023. The ambition gap reflects the difference between the hydrogen volumes needed for 1.5-degree climate scenarios and the currently announced projects for 2030. While many announced projects align with these scenarios, the implementation gap persists due to subsidy requirements vastly exceeding global commitments.

The study analyzed a manually verified global database of 1,232 green hydrogen projects planned through 2030. The authors assessed the competitiveness gap between green hydrogen and fossil alternatives for 14 designated end uses. Combining these factors with project timelines and volumes, they calculated the subsidy levels needed to achieve the 2030 goals.

Recommendations for sustainable green hydrogen growth

The study warns against the risk of fossil lock-ins, which could entrench reliance on fossil fuels and jeopardize climate targets. To address this, the researchers recommend transitioning to technology-neutral market mechanisms like carbon pricing to reduce public expenditure and foster competition among climate solutions. They propose a balanced strategy that includes direct subsidies and demand-side regulations in the short term while maintaining realistic expectations for green hydrogen's role.

Research Report:Green Hydrogen ambition and implementation gap

Related Links
Potsdam Institute for Climate Impact Research (PIK)
All About Oil and Gas News at OilGasDaily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
OIL AND GAS
Xi's special envoy attends Maduro inauguration: Xinhua
Beijing (AFP) Jan 11, 2025
Chinese President Xi Jinping sent a special envoy to attend the third swearing in of Venezuela's Nicolas Maduro, state-run Xinhua reported Saturday, underscoring Beijing's lonely position as one of Caracas's few international allies. A defiant Maduro was sworn in for a new presidential term Friday in a ceremony decried as illegitimate by the opposition and internationally, with Washington offering a $25 million reward for his arrest. Washington and London have imposed sanctions on Maduro's regim ... read more

OIL AND GAS
The biobattery that needs to be fed

Breakthrough in sustainable energy with photochemical water oxidation

Significant progress in engineering biology for clean energy

IATA chief says sustainable plane fuel supply not enough

OIL AND GAS
New method boosts efficiency and longevity of organic solar cells

Shedding light on solar farm impacts in deserts through energy meteorology

University of Maryland to develop renewable energy systems for ocean monitoring systems

Unveiling the impact of climate-driven low solar and wind energy events in China

OIL AND GAS
Flinders University advances vertical wind turbine design

Secure cryptographic framework enhances collaboration in offshore wind energy

BP to 'significantly reduce' renewables investment

Baltic Sea wind farms impair Sweden's defence, says military

OIL AND GAS
ORNL advances safer faster inspection for nuclear reactor components

Framatome to provide advanced digital system upgrades for Bruce Power fleet life extension

Framatome integrates 3D-printed fuel components in Swedish nuclear reactor

France's most powerful nuclear reactor finally comes on stream

OIL AND GAS
Nineteen hippos die in Zimbabwe after severe drought

Brazil gears up for first climate conference in Amazon

Climate extremes in 2024 wreaking havoc on the global water cycle

Taiwan says 2024 was hottest year on record

OIL AND GAS
Driving autonomous vehicles to a more efficient future

Global electric car sales rose by 25% in 2024

China's electric and hybrid vehicle sales jump 40.7% in 2024

Volkswagen deliveries fall in 2024 amid China woes

OIL AND GAS
Iraqi archaeologists piece together ancient treasures ravaged by IS

Declassified files show UK anger at Chirac over Iraq

Iraq's prohibition zeal threatens Baghdad's boozy subculture

Iraq says to begin repatriating Syrian troops who fled offensive

OIL AND GAS
North Korea's Kim says new hypersonic missile will deter 'rivals'

Iran begins military drills near Natanz nuclear site: state media

North Korea's Kim says new missile will deter 'rivals'

Iran to hold nuclear talks with 3 European powers January 13: local media

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.