Hydrogen to play a key role in Iceland’s energy transition

Hydrogen to play a key role in Iceland’s energy transition

Icelandic New Energy has now established a vision describing the role of hydrogen in Iceland’s energy transition – a vision until 2030.

It is viewed as a living document where new technological developments can be incorporated. It is also the first building block towards a full-scale Roadmap of hydrogen in Iceland until 2050.

For over two decades, Iceland has been viewing the role of hydrogen in its strategy to decarbonise its fuel consumption.

The transport sector is currently responsible for a large share of greenhouse gas emissions in Iceland, which has resulted to the Government implementing various incentives to stimulate the adoption of zero emission vehicles across the country.

Today, the Country stands second for the deployment of zero emission vehicles globally, second to Norway, but even with such great results, it’s unlikely that the country will meet its goals for a 29% reduction of greenhouse gas emissions.

This gap is even larger when looking at the national goal of 40% reduction by 2030.

Projects such as H2ME-2 are currently in operation across Iceland to help the country meet its climate goals, however, in order to achieve those goals, larger projects must be implemented.

With power generation almost entirely from renewable energy sources at one of the most competitive prices in the world, Iceland should be the ideal platform for a complete sustainable transport system.

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