International Renewable Energy Agency (Irena) and the Hydrogen Council announced a partnership under which both will jointly support green hydrogen application across the energy system and contribute to global net-zero goals.
The partnership will bring together the experience and expertise of both organisations. The complementary strengths and communities of both organisations will help the hydrogen industry.
Both partners will exchange knowledge and data on cost and volumes for electrolysers, policy frameworks, market design, certification systems and technical and safety standards.
Francesco La Camera, Irena’s DG, said, “Green hydrogen is a critical pillar for decarbonising energy systems. With today’s agreement, we will significantly increase knowledge exchange and international co-operation and coordinated action in this space.”
Daryl Wilson, Executive Director of the Hydrogen Council, said, “Public-private collaboration with partners such as Irena is critical to making this profound transformation happen.”
Green hydrogen can help to achieve net-zero carbon dioxide (CO2) emissions in energy-intensive, hard-to-decarbonise sectors though production costs must be cut to make it economical. Green hydrogen currently costs between two and three times more than ‘blue’ hydrogen, which is produced using fossil fuels in combination with carbon capture and storage (CCS). In its report, Irena outlined strategies to reduce electrolyser costs through continuous innovation, performance improvements, and upscale from megawatt (MW) to multi-gigawatt (GW) levels.