According to a new report, 50% of respondents to a study believe that hydrogen will emerge as an alternative to gas generation by 2030 in Asia.
This is included within a new report released today (Jan 5) by Black & Veatch that outlines some of the largest stumbling blocks in adopting renewable energy into the Asian energy grids.
Hydrogen could play a significant role in displacing the region’s reliance on coal-fired plants with the clean energy carrier able to produce vast amounts of green energy with zero-carbon emissions.
Because of this there have been major developments within Asia focused on hydrogen production and its integration which has seen Japan, South Korea and China surge forward in the progression of its hydrogen economies.
In fact, the report dubbed 2022 Asia Electric Report suggests that when coal power begins to decline alternative clean energy generation will come to the forefront around the 2035 mark.
This will see hydrogen and battery technologies both widely used and advanced to ensure that net zero targets are reached with no detriment to societal demands.
The report outlines that 73% of the respondents believe that hydrogen will help meet carbon emissions reduction goals – the highest of any other alternative.
This clearly reveals the significance hydrogen has in reducing carbon emissions within Asia and its popularity among the population.
Three out of four respondents also believe that, beyond 10 years, hydrogen will help meet emissions reduction and clean energy goals which is significantly more than any other technology over the mid-term.
You can find the report here.
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