Policy Implementation Roadmap, Diverse Perspectives, Challenges, Solutions Towards Low-Carbon Hydrogen Economy

Abstract

Hydrogen is a nearly emission-free energy carrier with many enticing qualities, including wide availability, environmental friendliness, and a high calorific value. There have constantly been a lot of challenges to establish an entire fledge low carbon hydrogen economy in the past century. This study aims to critically analyse the economic, environmental, technological, and policy implementation and division of low-carbon hydrogen to find novel solutions, bridging the gaps and giving a perspective approach to the study. Differentiation of various low carbon hydrogen (LCH) components, including green and blue hydrogen, was also proposed based on the life cycle assessment emissions (LCAE). Current policy perspectives and Promised Pledged Perspectives are considered to project hydrogen demand in 2030. A thorough economic analysis of low-carbon hydrogen system technologies is also conducted from both hydrogen production and storage perspectives by comparing various production and storage systems. Current Policies towards LCH were critically viewed from policymakers, consumers, and R & D perspectives, through which several challenges, gaps, and keynote necessities were also stated.