Asia Rising: The Emerging Force in the Global Hydrogen Industry
Key Ideas
- Asia, led by powerhouse nations like Japan and China, is becoming a significant player in the global hydrogen industry.
- Despite having high carbon dioxide emissions, 45 out of 51 Asia Pacific countries have set Net Zero targets.
- Japan was the first country in Asia, and globally, to adopt a national hydrogen strategy, with other nations like China, South Korea, India, and Vietnam following suit in subsequent years.
- While many Asian countries focus on emissions reductions, more initiatives are needed to incorporate low-carbon hydrogen products into their energy mix.
The Asia Pacific region is rapidly emerging as a key player in the global hydrogen industry, with countries like Japan, China, South Korea, and India leading the way. Despite being responsible for over half of global CO2 emissions, 45 out of the 51 countries in the region have committed to achieving Net Zero targets. However, while there is a strong focus on emissions reductions, few countries in Asia have comprehensive national strategies or policies to support the integration of low-carbon hydrogen products into their energy systems. Japan set the precedent by adopting a national hydrogen strategy in 2017, with other countries like China, South Korea, India, and Vietnam following suit in subsequent years. This growing momentum in Asia demonstrates a positive shift towards embracing hydrogen as a clean energy solution. Moving forward, it will be crucial for more Asian nations to develop and implement robust policies to promote the adoption of low-carbon hydrogen and further reduce carbon emissions in the region.
Topics
Asia
Asia-Pacific
Policy Development
Energy Mix
National Strategies
Emissions Reductions
Low-carbon Products
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