concept

renewable hydrogen

Also known as: renewable hydrogen, renewables-generated hydrogen, Renewable hydrogen, renewable hydrogen sector

Facts (14)

Sources
Energy asset stranding in resource-rich developing countries and ... frontiersin.org Frontiers Jun 10, 2024 12 facts
referenceThe German Federal Ministry for Economic Affairs and Climate Action organizes specialized symposia and dialogue formats on green renewable hydrogen in African countries, including Nigeria, as reported by UNIDO, IRENA, and IDOS in 2024.
referenceThe utilization of renewable hydrogen requires the adoption of comprehensive sustainability criteria that encompass ecological, social, and governance aspects, as argued by the German Advisory Council on the Environment (SRU, 2021).
perspectiveDeveloping nations should prioritize utilizing renewable energy sources to satisfy domestic energy needs before producing renewable hydrogen for export, to avoid increasing reliance on fossil fuels for domestic consumption.
claimImporting countries can demand improved working conditions as a social criterion for sustainability and a condition for trade when creating new job opportunities in the renewable hydrogen sector.
claimThe authors argue that the dominant narrative—that renewable hydrogen will simultaneously decarbonize the Global North and foster economic growth and sustainable development in the Global South—is illusory.
claimRenewable hydrogen and just energy transition partnerships can contribute to economic development and Sustainable Development Goals (SDGs), provided that fair benefit sharing and improvements to institutional problems, such as the lack of rule of law, are achieved in resource-rich countries.
claimRenewable hydrogen production and exports reduce the vulnerability of populations to high fossil energy prices and the risks associated with fossil asset stranding.
referenceCollis and Schomäcker (2022) state that renewable hydrogen from West African oil exporters has relatively low supply costs due to high renewable potential, high solar radiation, and good access to seaborne trade.
claimNigeria is recognized as a relevant participant in Africa for the production and exportation of renewable hydrogen.
claimCross-country benefit sharing requires that both the importing industrial country and the exporting developing country benefit from the trade of renewable hydrogen, creating a win-win situation that includes economic revenue, job creation, and technology development for the developing country.
claimResource-Rich Developing Countries (RRDCs) typically possess significant production potential for renewable energy and, consequently, renewable hydrogen.
perspectiveEnergy transition benefit sharing requires that renewable hydrogen production contributes to the developing country's own energy transition, rather than solely supporting the climate goals of importing industrial countries.
Driving deeper decarbonization with nuclear energy iaea.org IAEA 1 fact
measurementCurrent projections estimate the cost of renewables-generated hydrogen to be as low as US $2 per kilogram by 2030, with further reductions expected by 2050.
Advancing energy efficiency: innovative technologies and strategic ... oaepublish.com OAE Publishing 1 fact
measurementBy 2030, renewable hydrogen produced using renewable electricity is projected to meet approximately 75% of the global demand for hydrogen.