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IRENA REPORT AND THE GEOPOLITICS OF H2 IN ET

Updated: Jul 15, 2023



The just released report from International Renewable Energy Agency (IRENA) goes over the geopolitics of the ET and the role of H2. Highlights the importance of low carbon hydrogen and its derivatives in the transition to a sustainable energy future. As hydrogen becomes an internationally traded commodity, we have no doubts that the hydrogen sector will attract growing sums of international investment by 2030 or sooner.


The challenges in the short term still remains, as the production of low carbon Hydrogen remains expensive, there is a bottleneck in the production of electrolyzers, and the trading schemes are not fully deployed globally. We expect all these aspects will be aligned in the coming decade, and the starting point for all these projects should be the characterization of the renewable resources (wind, solar, etc) and how the first portion of the projects (supply of renewable energy) will be executed, that at the end of the day, is the easiest piece of these puzzle.


To access the complete report:

IRENA Geopolitics of ET H2
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