Russia in the global hydrogen race: Advancing German-Russian hydrogen cooperation in a strained political climate

Yana Zabanova and Kirsten Westphal

No 34/2021, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs

Abstract: In October 2020, Russia adopted a roadmap for hydrogen development, and a full-length Hydrogen Development Concept is expected soon. Even though Russia remains somewhat sceptical about hydrogen's much-vaunted transformative potential, it is interested in using its natural gas wealth to become a leading exporter of this new energy carrier and views Germany as a key partner in this effort. In the absence of a serious national decarbonisation agenda in Russia, stimulating hydrogen production primarily for exports and without significant domestic demand will be a challenge. Still, amid Russia's steadily worsening political relations with the West, clean energy (and hydrogen in particular) is one of the few promising areas of cooperation between Germany and Russia, with the potential to become a major steppingstone for the development of hydrogen value chains in both countries.

Date: 2021
New Economics Papers: this item is included in nep-cis, nep-ene, nep-env and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:342021

DOI: 10.18449/2021C34

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