Creating Demand for Low-Carbon Hydrogen for Industry Decarbonization: Lessons from the Electricity Sector
Shahid Hasan
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Shahid Hasan: King Abdullah Petroleum Studies and Research Center
Discussion Papers from King Abdullah Petroleum Studies and Research Center
Abstract:
Many policymakers now see the use of low-carbon hydrogen as a strong contender in terms of how to achieve climate neutrality goals. Currently, hydrogen is used in refinery processing, ammonia production, or methanol production as feedstock, where no other alternatives exist. However, new uses for hydrogen are being explored in the industry, transport, and electricity sectors, which together account for approximately 85% of global energy-related CO2 emissions.
Keywords: Battery storage; Benefits of electricity trade; Climate change (search for similar items in EconPapers)
Pages: 23
Date: 2023-10-24
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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https://www.kapsarc.org/research/publications/crea ... -electricity-sector/ First version, 2023
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2023-dp22
DOI: 10.30573/KS--2023-DP22
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