To prioritize energy security, we need to rapidly transition to green energy sources. At COP28, RMI is hosting a panel on the value of renewable hydrogen exports in promoting global energy security. Featuring Green Hydrogen Catapult member CEOs and policymakers from Europe and Southeast Asia, the discussion will span topics from the need for expanded public support to the unique opportunity that green hydrogen presents to match supplies in regions with ideal renewables capacity to end users in resource-constrained areas: a “win-win” situation with great potential to decarbonize heavy industry.
The EU will soon be the first global market to demonstrate how importing hydrogen (H2) can help accelerate decarbonization and promote energy security — if it can mobilize additional support for procurement and end use while strategically deploying green fuel to areas where it’s most needed.
As we prepare to transform global economies to avoid the worst effects of the climate crisis, no sector can go untransformed.
This report illustrates the opportunity and the critical tools required to accelerate cost-competitive green hydrogen to market.
We are reaching a series of tipping points in green hydrogen production and demand, and all actors should be prepared to capture these new opportunities.
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