Existing industrial applications and shipping provide key opportunities for early hydrogen adoption, according to a new International Energy Agency (IEA) report.
The greatest opportunities to adopt low-emissions hydrogen in Asia include ammonia production in Indonesia, Malaysia, and Vietnam, the report believes.
“The geographical concentration of existing applications, particularly in countries with large state-owned enterprises, provides a strong foundation for scaling up the sector,” it notes.
“Near-term success will depend on accelerating the deployment of renewables to reduce production costs, implementing targeted policies for fuel-switching, and developing pilot projects that enable gradual progress towards commercialisation.”
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