APEC Focuses on Low-Emission Hydrogen Policy Guide for Clean Energy Development
Key Ideas
  • Energy Ministers of APEC economies are set to seek approval for the Energy Ministerial Declaration and a policy guide for low-emission hydrogen in the Asia-Pacific region, aiming to create a new source of renewable clean energy.
  • The policy guide will include public policy recommendations to harmonize certifications, regulations, and standards across APEC economies, addressing financial sources and technological challenges.
  • Despite the industry's water intensity, there are plans to explore the use of seawater through desalination processes to overcome challenges and decarbonize key industries like chemical, cement, and transportation sectors.
  • Peru, as the host of APEC 2024, is prioritizing the promotion of green hydrogen to support less polluting economic activities in line with the global trend towards cleaner energy sources.
Energy Ministers of APEC economies are convening to seek approval for two significant documents: the Energy Ministerial Declaration and a policy guide focused on the use of low-emission hydrogen in the Asia-Pacific region. The aim behind this initiative is to establish a new source of renewable clean energy, with a specific emphasis on industries like chemical, oil, transportation, and steel production. The policy guide will encompass public policy recommendations aiming to standardize certifications, regulations, and standards within the APEC economies, with a focus on addressing financial and technological challenges in the industry. Despite the water-intensive nature of hydrogen production through electrolysis, plans are underway to explore leveraging seawater through desalination processes to mitigate challenges and facilitate the decarbonization of key industries such as chemical, cement, and transportation sectors. Peru, in its role as the host of APEC 2024, is leading the charge in promoting green hydrogen as part of its commitment to fostering less polluting economic activities, aligning with the global shift towards cleaner energy sources powered by renewable energy like wind and solar.
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