This paper analyses the readiness of the use of low-carbon hydrogen to decarbonize industries in the Middle East/North Africa (MENA) region and Europe. Most countries focus on creating hydrogen production facilities in a race to achieve net-zero goals or support decarbonization in other markets through exporting low-carbon hydrogen (or hydrogen derivatives). While such strategic roadmaps are encouraging first steps and convey countries’ commitments to the utilization of hydrogen energy in their net-zero energy transitions, as evident from past RE growth, these frameworks might not necessarily signal the creation of hydrogen demand locally. Source: KAPSARC
