Member Corner
The Gas Exporting Countries Forum (GECF) presented its views on the emerging hydrogen market at a global meet in Melbourne, Australia.
The event, ‘Hydrogen Positioning 2022’, gathered industry leaders from around the world, who discussed production and transportation pathways and end uses of hydrogen.
According to the GECF Global Gas Outlook, hydrogen is expected to play a significant role in the context of the energy transition, in particular in hard-to-abate sectors.
Representing the GECF, Mr Seyed Mohsen Razavi, Energy Technology Analyst, delivered a presentation on the outlook for hydrogen supply, demand and trade. He emphasised the role of Asia-Pacific, which boasts some of the world’s largest prospective hydrogen exporters and importers.
Mr Razavi pointed out that the hydrogen supply is the easiest challenge to overcome due to the maturity of the technology, in particular with regard natural gas-based hydrogen, or blue hydrogen. However, demand creation remains a challenge because of low penetration of such a new energy vector. Moreover, the technological enhancement and development of the transportation and trade infrastructure are the most significant bottlenecks to developing a thriving hydrogen economy.