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NEECA convenes meeting: The plan to export green hydrogen to China and Japan will be discussed

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The National Energy Efficiency and Conservation Authority (NEECA) has convened a meeting to discuss the ‘National Green Hydrogen Strategy (NGHS)’, which aims to formulate a plan to export green hydrogen to China, Japan, and South Korea.

In a letter to Secretary Petroleum, Managing Director, NEECA, Dr Sardar Moazzam, they stated that given the current primary energy/global level, it has become difficult for Pakistan to manage a reliable and cost-effective energy supply. The cost-effective solution to this problem is to harness the maximum potential of Indigenous Renewable Energy (IRE) resources in the country. Hydrogen, due to its high energy/content, environmental compatibility, storage and distribution, and ability to address the intermittency of RE sources, is an essential energy vector for harnessing RE resources in Pakistan.

He added that Green Hydrogen is primarily considered a vital energy resource to support the global transition to a carbon-neutral future. In a net zero world, demand for Green Hydrogen could reach approximately 660 million metric tons in 2050, with a share of up to 22% of the world’s total energy demand. Therefore, Green Hydrogen can be easily construed as the fuel of the future for clean and low-carbon development, and the Capex cost for the production of Green Hydrogen will decrease gradually. Therefore, Pakistan should gear up to take advantage of this upcoming opportunity and shift to Green Hydrogen to decarbonise Pakistan’s economy by encouraging the indigenous production of Green Hydrogen through Foreign Direct Investment (FDI) projects for the production of Green Hydrogen.

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