Green Hydrogen for decarbonizing Asia’s Industrial Giants
To enhance Asia’s role in accelerating industry’s net zero transformation, the High-level Policy Commission on Getting Asia to Net Zero commissioned efforts to explore the market opportunities underlying Asia’s clean industrial transformation. This scope of inquiry included the state of emerging technologies that will be needed, the required scale of their deployment, and supporting policies that could enhance both supply and implementation. Technologies to abate industrial emissions run the gamut and cover the range of industrial processes— from industrial heat pumps and electric boilers to green hydrogen for replacing fossil fuels as a clean feedstock, to thermal energy storage for renewable power, to targeted carbon capture and storage for those emissions that are exceedingly difficult to address through other means.
ASIA SOCIETY POLICY INSTITUTE GREEN HYDROGEN FOR DECARBONIZING ASIA’S INDUSTRIAL GIANTS This paper narrows in on one of the most salient of these technologies, namely, the electrolyzers that will be required for producing green hydrogen in Asia’s four largest economies: China, Japan, India, and South Korea. It explores the role of green hydrogen in decarbonizing three major industries—steel, ammonia, and methanol—where it can limit emissions by replacing carbon-intensive processes with renewable-powered electrolysis.