Hydrogen has emerged as a promising renewable energy source that can help lower carbon emissions. Often called white coal, hydrogen is a zero-emission fuel that can replace fossil fuels used in transportation, industry, and buildings. When hydrogen is produced through electrolysis using renewable electricity like solar or wind power, it is considered a renewable energy carrier. With increased focus on deploying more renewable energy infrastructure worldwide, renewable hydrogen production is expected to ramp up significantly in the coming decades.

Policy Push for Green Hydrogen Deployment

White Coal Many governments have recognized hydrogen's potential and are formulating policies to boost its production and use. The European Union aims to install at least 6 GW of renewable hydrogen electrolyzers by 2024 and 40 GW by 2030. It is targeting net-zero emissions by 2050, for which green hydrogen will play a key role. Countries like Germany, France and the Netherlands have ambitious national hydrogen strategies and are supporting demonstration projects.

In the US, federal research funding for green hydrogen technologies has increased. Japan, South Korea and Australia also have roadmaps to scale up hydrogen usage, with a focus on export opportunities. Favorable policies are essential to bring down costs and incentivize private sector investments in the hydrogen value chain.

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