Asia's Push for Green Hydrogen: China, India, and Australia Take the Lead
Key Ideas
- China and India are at the forefront of electrolyser development in Asia.
- Australia is a key player with nearly half of the region's active hydrogen projects.
- Heavy investments are being made in green hydrogen/ammonia to decarbonize Asian economies.
- Asia's electrolyser market is projected to reach $180 billion by 2050, driving the transition to net-zero.
In Asia, countries like China and India are leading the charge in developing electrolyser technology to produce green hydrogen, a crucial component in achieving net-zero goals. Australia, on the other hand, is significantly contributing to the region's active hydrogen projects. The shift towards green hydrogen and ammonia is becoming prominent as Asian nations aim to move away from traditional sources like coal and natural gas. Investments are pouring into hydrogen production, infrastructure, power generation, and fueling stations to support this transition. The High-Level Policy Commission report highlights that the electrolyser market in Asia is expected to grow exponentially, potentially reaching $180 billion by 2050. This growth is a testament to the efforts being made to drive the adoption of green hydrogen and push the region closer to a sustainable, decarbonized future.