Pixie Chart of the week | IEA demonstrates a future with hydrogen

This week’s Pixie Chart of the Week demonstrates policies directly supporting hydrogen deployment by target application. It also shows the emphasis being placed on hydrogen-based energy solutions in the transport sector (currently minimal).

The International Energy Agency’s (IEA’s) latest report The Future of Hydrogen illustrated that the momentum of hydrogen as a fuel is currently building from both political and commercial perspectives. By mid-2019, the total number of targets, mandates and policy incentives that directly support hydrogen has reached approximately 50 globally.

To keep reading, please log in to your account

Related thinking

Water

Furthering clarity and capacity: The UK increase low-carbon hydrogen commitments

In this third instalment of our Low-carbon Hydrogen Index, which tracks the progress of 14 nations in their commitment to develop a low-carbon hydrogen economy, we discuss the top countries in the index. See how the rankings have changed since we last released our Low-carbon Hydrogen Index in March 2022.

Commercial and market outlook

Australia’s hydrogen success is tied to energy market policies

According to South Australia’s Hydrogen Power Plant study, the global demand for hydrogen is projected to reach 650 megatons in 2050, with a potential export market of $300b per year. In this market, Australia is well placed for renewable hydrogen production with a considerable penetration of variable renewable energy (VRE)....

Low carbon generation

Lean, clean, electrolysing machines – how clean is Australia’s hydrogen future?

The Clean Energy Regulator is currently exploring how to define ‘low-emissions’ hydrogen production through a Guarantee of Origin (GO) scheme for Australia. Such a scheme could set a threshold level for carbon emissions from the production process in order to classify it as being ‘clean’, similar to schemes in operation...

Energy storage and flexibility

“Each day looking for new ways to go on”: could a renewable capacity market assist hydrogen turbines?

The rise of renewables has seen the need for additional firming capacity in order to smooth renewable output and replace coal capacity in the evening peak. The ESB and federal Ministers are currently in discussions regarding the development (or not) of a capacity market for the NEM. Interestingly from the...

Commercial and market outlook

Do batteries add viability to electrolysers within the current market?

Last month, the Australian Competition and Consumer Commission (ACCC) announced that there will be a gas shortfall in the east coast market in 2023, not a surprise considering the international gas crisis and high gas prices in Australia. Such events have increased attention towards expanding gas supply or reducing the...

Energy storage and flexibility

Hydrogen hype: How cheap the hydrogen from electrolysis can be?

Hydrogen is considered a potential replacement for fossil fuels for energy generation, transport etc. Currently, 96% of hydrogen production originates from fossil fuels through steam reforming and coal gasifications. Only a small fraction (~4%) is produced via electrolysis. The high Capex of the electrolyser is usually referred to as the...

Home supply and services

“The more [retailers] we come across, the more problems we see”

Thirty-one retailers have gone bust since the start of 2021 in the UK. At least one of those entities has a subsidiary in the Australian market (having yet to acquire any customers, according to the most recent AER and ESC data). In this Chart of the week, we take a...

Commercial and market outlook

Nobody said it was easy, but it’s time for us to part: VIC’s climate targets & coal

In 2017, the Victorian Government legislated a state target of net-zero greenhouse gas emissions by 2050. Since then, short-term targets have been set in five-year increments, with the 2030 target being to cut emissions by 45-50% below 2005 levels. The Government is currently consulting on the 2035 target, which must...