Iran has challenges ahead for its hydrogen fuel strategy
The energy giant has been taking an H2 future seriously as the world moves away from fossil fuels. Iran might be a superpower when it comes to the oil and fossil fuel industry but in terms of hydrogen fuel and other cleaner sources of energy, the country is struggling. The nation has abundant renewable energy and natural gas resources but has yet to solidify its presence. When it comes to hydrogen fuel, the ultimate clean form is often seen as its green form, that is, when it is produced using water electrolysis powered by renewable electricity such as wind or solar energy. That said, the mos…
The energy giant has been taking an H2 future seriously as the world moves away from fossil fuels.
Iran might be a superpower when it comes to the oil and fossil fuel industry but in terms of hydrogen fuel and other cleaner sources of energy, the country is struggling.The nation has abundant renewable energy and natural gas resources but has yet to solidify its presence.
When it comes to hydrogen fuel, the ultimate clean form is often seen as its green form, that is, when it is produced using water electrolysis powered by renewable electricity such as wind or solar energy. That said, the most common way to produce H2 is using natural gas, which is a carbon emission producing method. Still, despite Iran’s resources in both areas, it has not made itself a major player in H2 production. Many energy experts predict that H2 will become a critical energy source and that by 2050, it will reach a massive annual value around $700 billion. Still, Iran has not found itself along that market’s path.Hydrogen fuel in all its forms is often valued as a cleaner energy because it is emission-free.
Indeed, its production may produce greenhouse gas emissions, or it may not, determining the actual cleanliness of the energy, but when it is used in fuel cells, its only emission is water vapor. That said, it can also be used in combustion, which – depending on the process used – can produce carbon emissions, though they are substantially lower than those emitted by burning fossil fuels such as coal, gasoline, diesel, or natural gas, among others.
Iran’s energy security is experiencing growing vulnerabilities because of geopolitical and market risks, in addition to global clean energy trends, particularly in the Persian Gulf’s South Pars field.