The changing geopolitics of green hydrogen – pv magazine India

From pv magazine 02/2022Francesco La Camera, the director general of the International Renewable Energy Agency (IRENA), believes that renewable energy is the only way we can effectively transform today’s energy system to reach climate goals. Renewables build resilience and avoid energy price shocks, ensure compatibility with the Paris Agreement, and ensure an energy system that is fair. Alongside renewables, hydrogen will play a significant role in decarbonization. “Renewables are the only technologies that can get us to our targets, complemented by green hydrogen, although blue hydrogen will play a role,” he said. IRENA projections to 2050 have two-thirds of hydrogen as green and one-third as blue.The shift from fossil-fuel dependence to a model of renewable energy and green hydrogen is going to remake economic, political, and energy relationships around the world. The…

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