concept

hydrogen partnerships

Also known as: just hydrogen partnerships

Facts (12)

Sources

Energy asset stranding in resource-rich developing countries and ... frontiersin.org Frontiers Jun 10, 2024 12 facts

claimThe authors propose that benefit sharing in hydrogen partnerships should encompass three levels: (1) cross-country benefit sharing, (2) energy transition benefit sharing, and (3) community benefit sharing.

claimAs of August 2023, Germany has signed hydrogen partnerships with Australia, Canada, Chile, Japan, Morocco, Saudi Arabia, South Africa, and the regions of Western and Southern Africa.

claimDesigning holistic policies for resource-rich developing countries requires a mix of sound policy instruments, including research into effective compensation payments, just hydrogen partnerships, and benefit-sharing mechanisms.

claimA primary goal for hydrogen partnerships must be to avoid creating new dependencies similar to the existing 'resource curse', as analyzed by Morgen et al. (2022).

claimGermany is a frontrunner in the development of hydrogen partnerships, having concluded several agreements with potential export countries.

claimThe 'resource curse' is a significant challenge for establishing just hydrogen partnerships.

perspectiveThe authors argue that hydrogen exports and partnerships can benefit Resource-Rich Developing Countries (RRDCs) if these partnerships incorporate elements of Just Energy Transition Partnerships (JETPs) and include benefit sharing between importing industrialized nations and exporting nations.

claimEuropean countries, such as Germany, developed "hydrogen partnerships" as a tool to secure future hydrogen supplies.

referenceHydrogen partnerships are a subset of "energy partnerships" that have existed for several years to support renewable energy assets and community development projects, such as electrification and female empowerment, in developing countries.

claimFuture research on hydrogen partnerships in resource-rich developing countries (RRDCs) should focus on designing policies that compensate for the societal consequences of fossil asset stranding, ensuring benefit-sharing for local populations, and establishing criteria to measure the effectiveness of these benefit-sharing mechanisms.

procedureThe authors analyze and compare three mitigation measures for asset stranding in resource-rich developing countries: compensation payments, policy mixes, and hydrogen partnerships.

claimHydrogen partnerships consist of a mix of political agreements and memoranda of understanding for specific hydrogen projects.