KAPSARC – A Global Hydrogen Future, Oct 2024

KAPSARC's October 2024 report, "A Global Hydrogen Future," provides a comprehensive analysis of the evolving global hydrogen market, emphasizing its potential role in the energy transition. The study examines hydrogen's scalability, flexibility, and decarbonization potential, highlighting efforts to integrate it into the energy mix. It discusses opportunities for hydrogen demand, national policies, international regulations, and market and price formation. The report underscores the need for standardization, regulatory certainty, and public-private partnerships to foster a global hydrogen market. It also addresses challenges such as pricing mechanisms, infrastructure development, and the importance of long-term offtake agreements and government incentives for market viability.