Scaling-up Green Hydrogen Development with Effective Policy Interventions
Abhijeet Acharya
Abstract
Discussions around hydrogen as a future energy source have taken center stage in the last few years. Countries have recognized the benefits of hydrogen as an effective energy carrier and consider it a promising transition pathway to achieve net-zero objectives. Several countries support the development of green hydrogen as part of a long-term strategy. Among various hydrogen generation options (Green, Blue, Grey), green hydrogen generated from renewable electricity and water electrolysis is considered sustainable and climate safe. However, green hydrogen development is still at a niche stage and faces various technical challenges and economic viability issues. This paper discusses how effective policy interventions focused on addressing technical and commercial challenges can help scale-up green hydrogen generation. The paper discussed policy interventions by countries like France, Germany, Japan, the UK, the US, and other EU nations leading green hydrogen development and proposed a push-pull policy model. The proposed policy model combines demand-side policy interventions with supply-side policies to scale-up green hydrogen development.