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Adviser’s Note: June 2022



 

Energy Review, Vol 4. Issue 6. 2022


Petroleum has long been the epicentre of global energy geopolitics. Shifting away from petroleum and developing non-conventional fuels including hydrogen have been seen as ways to minimize the challenges of energy geopolitics. Today, guided by climate mitigation and net-zero objectives, hydrogen is increasingly gaining importance in the global energy landscape.

In the Asian region, several countries including Japan, India, and South Korea have plans to integrate hydrogen as a major component in their energy mix. However, the production of ‘grey hydrogen’ or blue hydrogen dominates the hydrogen development plans. Alternatively, some economies are also considering importing hydrogen produced in fossil fuel-rich countries. The import or the dependence on fossil fuels to produce hydrogen will bring the geopolitical concerns pertaining to trade, cost, and safety of transport routes, to the forefront. Green hydrogen- using renewable sources- demands greater attention in this regard. Accelerating green hydrogen production can make countries less vulnerable to geopolitical volatilities surrounding overseas supplies of hydrogen.


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