Hydrogen is often seen as a key element in the global energy transition, offering a cleaner alternative to fossil fuels—in particular for difficult-to-decarbonize sectors such as heavy-duty transportation and steel and cement manufacturing.
Hydrogen is often seen as a key element in the global energy transition, offering a cleaner alternative to fossil fuels—in particular for difficult-to-decarbonize sectors such as heavy-duty transportation and steel and cement manufacturing. But turning hydrogen into a globally traded commodity requires more than just production.
According to new research from UBC Sauder School of Business, hydrogen’s commercial success hinges critically on innovation, strategic government policies, and long-term contracts to ensure cost-effective production and scalable trade.
The study developed an international trade model to examine factors that would make hydrogen producers competitive on the global scale, such as transportation costs, government policies and technological advances.
Read More: University of British Columbia
