Deploying Various Private Capital is a Must to Scale Up Low-Carbon Hydrogen

Scaling up low-carbon hydrogen in ASEAN is essential for achieving carbon neutrality, but high upfront costs pose significant challenges. To overcome these barriers, it’s crucial to deploy various private capital sources and implement financial de-risking measures, thereby improving the investment landscape and accelerating the region’s energy transition.

Breaking the Cycle: Unlocking the Potential of Low-Carbon Hydrogen in ASEAN

Hydrogen’s duality as both a fuel and an energy carrier positions it as a vital link between electricity from renewables and broader applications, including substitutes for aviation fuel, residential heating, and decarbonising industries such as steelmaking, which is renowned for being ‘hard-to-abate’.