Fueling the Future: Clean Hydrogen's Potential in Asia Pacific
Key Ideas
  • Clean hydrogen adoption is crucial for decarbonising heavy industries and achieving net zero in the Asia Pacific region.
  • Limited progress and delayed actions pose challenges, highlighting the need for urgent market development and investments.
  • The APAC clean hydrogen market has immense potential, estimated at $632 billion by 2050, requiring coordinated efforts across the value chain.
The article discusses the importance of transitioning to clean hydrogen in the Asia Pacific (APAC) region to achieve decarbonisation goals and reach net zero emissions. Industries like steelmaking, chemical manufacturing, shipping, aviation, and power stand to benefit the most from this shift. However, the slow progress in clean hydrogen adoption raises concerns about increased costs and disorderly transitions. The report addresses key questions on how the hydrogen market in APAC needs to develop, the investment required, and how stakeholders can turn momentum into actionable plans. Urgent efforts are needed to establish the necessary frameworks for clean hydrogen markets, including pricing structures, risk models, and carbon certification. The article emphasizes the potential of APAC's low-carbon market, largely driven by clean hydrogen, which could reach $632 billion by 2050. It stresses the importance of decisive actions in the region to achieve zero emissions by 2050 and the value of stakeholder collaboration to capitalize on opportunities within the hydrogen economy. The overall sentiment of the article is positive, highlighting the immense potential and the need for coordinated efforts to realize the significant value of clean hydrogen in the APAC region.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.