Policy strategies to grow decarbonized hydrogen demand Sector-specific recommendations

20.500.12592/5mkm1qj

Policy strategies to grow decarbonized hydrogen demand Sector-specific recommendations

13 Nov 2023

As is often the case in nascent markets, Policy instruments putting a cost on carbon to incorporate policy and regulatory support is necessary to stimulate the the environmental costs such as carbon taxes and market to the point of promoting the transition at the required emissions trading systems, and enable fair competition in pace and scale. [...] restrictions in urban areas to incentivize the adoption of low-emissions alternatives; The development of the vehicle offer is supported by the establishment of groups of refueling stations, which Providing financial support in the form of incentives or create the first ecosystems for hydrogen mobility, bringing subsidies for purchasing and operating hydrogen vehicles together users, service stati. [...] Factors such as the additional infrastructure required, the availability and cost of hydrogen and the scale of production contribute to the higher cost of low-carbon steel than conventional steel produced using fossil fuels. [...] The critical The main measures to foster the adoption of clean ammonia in milestones for the IMO include: power generation encompass the following: Before 2025, the establishment of robust safety and By 2025, policies must authorize using clean ammonia handling regulations should accompany the approval in power generation while ensuring compliance with of green ammonia as a shipping fuel. [...] Table 3 illustrates the primary barriers and Notably, while promising, electrolytic hydrogen only accounts associated driving factors that encumber the evolution of for a quarter of the projected clean hydrogen production the refining industry toward the adoption of decarbonized for 2030, with the remaining three-quarters relying on CCUS- hydrogen.
Pages
61
Published in
Switzerland