Why global collaboration is key to supercharging the hydrogen industry
If COP29 has highlighted one thing, it’s that climate change does not respect borders. To tackle our global climate emergency, countries need to work together to speed up the rollout and use of greener fuels. But for that to happen, we need stronger international collaboration – and fast. Calling for action As world leaders gathered in Baku for COP29, a global coalition of industry associations put hydrogen firmly in the spotlight. In an open letter, they called for urgent action to speed up the deployment of clean hydrogen, stating the need for a collective commitment. Standing together in…
If COP29 has highlighted one thing, it’s that climate change does not respect borders.
To tackle our global climate emergency, countries need to work together to speed up the rollout and use of greener fuels. But for that to happen, we need stronger international collaboration – and fast.Calling for action
As world leaders gathered in Baku for COP29, a global coalition of industry associations put hydrogen firmly in the spotlight. In an open letter, they called for urgent action to speed up the deployment of clean hydrogen, stating the need for a collective commitment. Standing together in this way, they highlighted the many frustrations of the industry. They also showed how much the green hydrogen market needs international collaboration if it is to grow. Clean hydrogen has a vital role to play in the transition to a more sustainable energy future. But for many years, the industry has been held back from reaching its potential due to fragmented investment, innovation and infrastructure. Nations and organisations have been working on developing their hydrogen market separately. However, this is a mistake. Boosting international collaboration in a number of key areas could revolutionise our industry – and help to achieve our net zero targets.Setting international standards
Firstly, we need to develop a set of international regulatory standards for the hydrogen industry.This could include introducing standardised safety protocols for production, storage and transport. For example, set standards for emissions measurement.
This will have two main benefits.It will enhance safety by minimizing the risk of future accidents or leaks. But it will also increase public awareness and trust in hydrogen technologies and systems. And this in turn will encourage wider adoption.
Introducing a set of agreed regulatory standards can only help to reduce trade barriers and encourage global trade. And all this will make the sector a much more attractive option for investors.
In addition, adopting a standardised approach will make it easier for producers to streamline and scale their production processes, helping them to reduce production costs.