The Collaborative Framework serves as an effective vehicle for dialogue, co-operation and coordinated action to accelerate development and deployment of green hydrogen and its derivatives for the global renewable energy transformation. The Collaborative Framework on Green Hydrogen (CFGH) leverages the Agency’s work on green hydrogen, the wealth of knowledge and expertise that exists within IRENA’s Membership on green hydrogen and the benefits that may be reaped through wider global cooperation with other entities. It was the eighth meeting of CFGH taking place on the 1st of November 2023. Co-Facilitators were the United Arab Emirates and Germany.
This meeting focused on taking stock of global green hydrogen deployment after years of strategy development and project announcements. It shed light on the essential aspects of building sustainable green hydrogen supply structures and assesses their current success.
The focus was on four key pillars that are crucial for establishing a robust green hydrogen supply:
- Finance Options for Large-Scale Hydrogen Projects
- Building Infrastructure
- Benefits for Developing Countries
Access to finance is vital to successful project implementation. Exploring various finance options and finding ways to distribute investment risks is essential, particularly for early mover projects. The aim is to support frontrunners in the field and ensure sufficient capacity is built early on, benefiting others through shared learning curves.
A solid infrastructure is a prerequisite for hydrogen production. Additional hydrogen infrastructure, including pipelines, ammonia, and Liquid Organic Hydrogen Carriers ( LOHC), amongst others, is essential for efficiently transporting green hydrogen and its derivatives for domestic use and/or export.
The production of green hydrogen and its derivatives, and the potential for their export, will be most cost-competitive in areas with high renewable energy potential. This will also offer significant opportunities for developing countries, such as job creation and industrial development. However, it is crucial to consider potential risks to ensure that developing countries can benefit in the long run.
Beyond considering the carbon footprint of production pathways, the CFGH examines further critical aspects to ensure the sustainability of new green hydrogen supply chains, such as water and energy supply.
By invitation only.
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