318 Items

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Event Debrief: Bezos Earth Fund's Leon Clarke Says Economic Thinking on Climate Action Must Evolve

| Dec. 21, 2023

Harvard Kennedy School hosted Leon Clarke, Director of Decarbonization Pathways at Bezos Earth Fund, for an Energy Policy Seminar to discuss the economic challenges that are slowing the pace of the energy transition.

A car parked next to a hydrogen fuel pump in Japan with the text "hydrogen 35" vertically on the side.

Shizuo Kambayashi/AP

Report - Belfer Center for Science and International Affairs, Harvard Kennedy School

Mission Hydrogen: Accelerating the Transition to a Low Carbon Economy

To accelerate the global transition to a low-carbon economy, all energy systems must be actively decarbonized. While hydrogen has been a staple in the energy and chemical industries for decades, clean hydrogen – defined as hydrogen produced from water electrolysis with zero-carbon electricity – has captured increasing political and business momentum as a versatile and sustainable energy carrier in the future carbon-free energy puzzle.

A sign indicates a hydrogen fuel option at a newly opened refueling station in Munich, Monday, March 26, 2007.

AP Photo/Diether Endlicher

Policy Brief

Hydrogen Deployment at Scale: The Infrastructure Challenge

Clean hydrogen is experiencing unprecedented momentum as confidence in its ability to accelerate decarbonization efforts across multiple sectors is rising. New projects are announced almost every week. For example, an international developer, Intercontinental Energy, plans to build a plant in Oman that will produce almost 2 million tons of clean hydrogen and 10 million tons of clean ammonia. Dozens of other large-scale projects and several hundred smaller ones are already in the planning stage. Similarly, on the demand side, hydrogen is gaining support from customers. Prominent off-takers such as oil majors like Shell and bp, steelmakers like ThyssenKrupp, and world-leading ammonia producers like Yara are working on making a clean hydrogen economy a reality.

Clouds over forest

Boris Misevic via Unsplash

Policy Brief

The Future of Carbon Offset Markets

| Oct. 22, 2020

Corporations, organizations, and even governments are purchasing offsets to reduce their carbon footprint. This policy brief provides an overview of the offset process – who buys them, who produces them, and who certifies them; describes the emerging challenges facing this market; and makes recommendations for the future.

Shanghai, China

Li Yang / Unsplash

Report

Is China's Hydrogen Economy Coming?

| July 28, 2020

This paper focuses on China and the potential role of renewable hydrogen in accelerating its transition to a low-carbon economy. Our research goal is to provide policymakers and other stakeholders the means to make informed decisions on technology innovation, policy instruments, and long-term investments in enabling infrastructure.

Kinnaur Kailash, Kalpa, Himachal Pradesh, India

Saurav Kundu/Unsplash

Policy Brief

Should Regulators Make Electric Utilities Pay Customers for Poor Reliability?

| June 09, 2020

This policy brief describes the persistent challenge of poor electricity reliability in India and how it interacts with key regulatory policies, analyzes Delhi’s experience with outage compensation since 2017, and highlights areas for additional economic and policy research on this topic.

A photo of electrolysis in action. (Flickr: ca_heckler)

Flickr: ca_heckler / CC by-nc-nd 2.0

Report

Geopolitical and Market Implications of Renewable Hydrogen: New Dependencies in a Low-Carbon Energy World

| March 2020

To accelerate the global transition to a low-carbon economy, all energy systems and sectors must be actively decarbonized. While hydrogen has been a staple in the energy and chemical industries for decades, renewable hydrogen is drawing increased attention today as a versatile and sustainable energy carrier with the potential to play an important piece in the carbon-free energy puzzle. Countries around the world are piloting new projects and policies, yet adopting hydrogen at scale will require innovating along the value chains; scaling technologies while significantly reducing costs; deploying enabling infrastructure; and defining appropriate national and international policies and market structures.

What are the general principles of how renewable hydrogen may reshape the structure of global energy markets? What are the likely geopolitical consequences such changes would cause? A deeper understanding of these nascent dynamics will allow policy makers and corporate investors to better navigate the challenges and maximize the opportunities that decarbonization will bring, without falling into the inefficient behaviors of the past.