As one of the world’s fastest-growing economies, Asia stands as a significant consumer of energy, prompting governments across the region to reassess their energy portfolios and seek alternative sources to bolster energy security.
Along with ambitious net-zero emission targets in sight, there’s been a notable focus towards renewable energy, particularly hydrogen, valued for its storage potential. According to market reports, the hydrogen market in the Asia Pacific region could reach USD 152.9 billion by 2032. However, the high costs associated with projects often result in expensive hydrogen production, impeding widespread market adoption.
To bridge the gap, industry leaders are looking at building commercially viable hydrogen projects, harnessing technological advancements to drive down production costs and creating standardised transportation and storage ecosystems are seen as pivotal steps to streamline logistics and the whole value chain.
Hydrogen Asia brings to together industry leaders from the Energy, Utilities, Shipping, Transport, EPCs and Solution Providers sectors across the region and the globe to unlock the power of hydrogen to fuel Asia’s energy transition.
2024-07-29 00:00:00 2024-08-01 00:00:00 Australia/Perth Hydrogen Asia As one of the world\'s fastest-growing economies, Asia stands as a significant consumer of energy, prompting governments across the region to reassess their energy portfolios and seek alternative sources to bolster energy security. Along with ambitious net-zero emission targets in sight, there\'s been a notable focus towards renewable energy, particularly hydrogen, valued for its storage potential. According to market reports, the hydrogen market in the Asia Pacific region could reach USD 152.9 billion by 2032. However, the high costs associated with projects often result in expensive hydrogen production, impeding widespread market adoption. To bridge the gap, industry leaders are looking at building commercially viable hydrogen projects, harnessing technological advancements to drive down production costs and creating standardised transportation and storage ecosystems are seen as pivotal steps to streamline logistics and the whole value chain. Hydrogen Asia brings to together industry leaders from the Energy, Utilities, Shipping, Transport, EPCs and Solution Providers sectors across the region and the globe to unlock the power of hydrogen to fuel Asia\'s energy transition. Singapore
