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Deloitte identifies clean hydrogen as crucial for APAC region to meet net zero targets

White hydrogen: 5 critical questions answered

Bill Gates-backed startup says a global gold rush for buried hydrogen is picking up momentum

Faster adoption of hydrogen as a net zero driver, and natural hydrogen’s importance as the true costs of green hydrogen become clearer, have been highlighted in two new reports.

Multinational professional services group Deloitte has identified clean hydrogen as crucial for the Asia Pacific region.

‘‘With net zero deadlines fast approaching, this year will be make-or-break for Asia Pacific’s clean hydrogen aspirations,’’ Small Caps said about the report’s conclusions.

It said APAC’s potential low-carbon market, driven by clean hydrogen, could be worth around $950 billion by 2050.

“But limited progress is cause for concern — lack of change and delay are synonymous with rising physical and transition costs and are a recipe for a disorderly transition,” the report said.

“Urgent, coordinated efforts are essential to set up the necessary technological, financial and regulatory frameworks for thriving clean hydrogen markets.”

Small Caps coverage of the report’s findings is here.

Meanwhile, a World Economic Forum opinion piece has highlighted natural hydrogen’s importance, particularly with the high costs of green, or man-made, hydrogen becoming clearer.

‘‘Faced with high costs, midstream transportation challenges, and the slow development of demand, the low-carbon hydrogen economy faces lowered expectations around its growth in the near term,’’ the article said.

‘’Developers and consumers continue exploring alternative forms of low-carbon hydrogen, among them white (or natural or gold) hydrogen.’’

Based on prospective resource volumes, white hydrogen production could reach 17 Mtpa by 2050, it said.

‘’Capturing similar levels of subsidy support to green hydrogen would also significantly boost infrastructure, displacing some higher-cost manufactured hydrogen production.’’

Gold Hydrogen’s Ramsay Project in South Australia featured on a map in the article, showing the world’s confirmed hydrogen plays.

Meanwhile, more US media attention has come on natural hydrogen, with CNBC featuring American start-up Koloma in a significant piece, here.

Adopt natural hydrogen now, new reports say