Summary:
The document "Prospects for Hydrogen and Fuel Cells" is authored by Dolf Gielen and Giorgio Simbolotti, and compiled by the International Energy Agency (IEA). The report aims to provide an objective analysis of hydrogen and fuel cell potential in addressing global energy sector challenges, particularly in reducing dependence on hydrocarbons and carbon dioxide emissions. It evaluates recent technological advancements, policies, and business opportunities from the perspective of a rapidly evolving global energy system.
Key points:
- The IEA is an autonomous organization established in 1974 within the Organisation for Economic Co-operation and Development (OECD). It comprises 26 OECD member countries working towards energy security, rational energy policies, information system operations, alternative energy source development, and efficiency improvement.
- The European Commission participates in IEA activities.
- The report outlines the complexities of hydrogen and fuel cell technologies, including production, storage, transportation, distribution, and end-use technologies. It acknowledges the uncertainties surrounding these technologies and stresses the need for realistic assessments and policy strategies.
- Achieving hydrogen as an energy carrier necessitates technological breakthroughs, cost reduction across the entire energy chain, and government policies, international cooperation, and public R&D investment for commercial maturity, infrastructure development, and market awareness.
- The study is a collaborative effort involving multiple IEA member countries, the Energy Technology and R&D Office, and other contributors from industry, academia, and international organizations.
- The document is a result of the IEA Hydrogen Coordination Group's activities and benefits from input from various experts and stakeholders involved in hydrogen and fuel cell research and technology.
- The report's accuracy and completeness are the sole responsibility of the authors, and preparation assistance was provided by various individuals within the IEA and external contributors.
