Green hydrogen is expected to play a central role in the decarbonisation of hard-to-abate sectors, and by 2050, as much as 20% of global demand for the fuel and its derivatives could be met through international trade. That’s the key finding of a new report from the International Renewable Energy Agency (IRENA), which outlines how emerging export hubs in Latin America, Africa, and the Middle East could reshape global energy flows—if financing conditions don’t get in the way.
As financial institutions attempt to quantify the impact of climate change on global markets, two recent analyses have laid bare a profound divergence in approach. On one side is JP Morgan Chase, the world’s largest bank, which positions climate change as both a risk and a strategic investment opportunity. On the other, the UK’s Institute and Faculty of Actuaries (IFA) raises alarm over deep systemic vulnerabilities and the potential for severe economic disruption.
$5.8 billion green ammonia project on South Africa’s east coast is positioning itself as a low-cost contender in a competitive export landscape dominated by subsidies and infrastructure races.
As Europe races to decarbonize heavy industry, the viability of importing green hydrogen by ship from Oman to the Netherlands is being put to the test—both technologically and economically.
As South Korea intensifies efforts to decarbonize hard-to-abate sectors and reduce reliance on imported fossil fuels, a new partnership between U.S.-based Utility and Korean engineering firm Kunwha E&C aims to commercialize local, biogas-to-hydrogen solutions.
The Institute of Engineering and Technology (IET) in India has established two new centres of excellence—one focused on green hydrogen and the other on electric vehicles (EVs)—designed to anchor long-term research and skills development in clean energy technologies.
Getech and Sound Energy have formalized a strategic joint venture to explore Morocco’s untapped reserves of natural hydrogen and helium—resources increasingly viewed as disruptive to the long-term economics of clean energy and critical materials.
With regulatory approval secured from the Inner Mongolia Energy Bureau, China has officially authorized the development of its first inter-provincial green hydrogen pipeline—a 400km conduit that will deliver 100,000 tonnes of green hydrogen annually from Ulanqab in Inner Mongolia to Sinopec’s Yanshan petrochemical facility in Beijing.
As Australia’s hydrogen ambitions face mounting headwinds, the federal government has committed A$432 million (US$283.82 million) to support the Hunter Valley Hydrogen Hub, a project led by Orica, the world’s largest explosives manufacturer.
Indonesia has unveiled plans for a US$10 billion green hydrogen and desalination mega-project—its largest sustainable infrastructure collaboration to date—through a partnership involving Saudi-based ACWA Power, state energy firm PT Pertamina, and state investment agency BPI Danantara.