The International Renewable Energy Agency (IRENA) has identified green hydrogen as one of the five technology pillars which can contribute to cutting global carbon dioxide emissions by at least 70% by 2050.
In its latest Global Renewables Outlook, IRENA says that green hydrogen can offer a solution for types of energy demand that are hard to directly electrify and can be produced further into hydrocarbons or ammonia, which can help reduce emissions in shipping and aviation.
The report as a whole looks at advancing the renewables-based energy transformation as an opportunity to meet industrial climate goals through building on five technology pillars of electrification, increased power system flexibility, conventional renewable sources, green hydrogen, and foster innovation to address challenging sectors.
Francesco La Camera, IRENA’s Director-General, commented, “IRENA’s Outlook shows the ways to build more sustainable, equitable and resilient economies by aligning short-term recovery efforts with the medium-and long-term objectives of the Paris Agreement and the UN Sustainable Development Agenda.”
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