Time of Event
15 June (Virtual Deep Dive Workshop)
15:00-16:30 Tokyo time
16 June (Regional Session)
11:30-13:00 Tokyo time
ADBI and the Asian Development Bank (ADB) cohosted a Virtual Deep Dive Workshop on “Future Hydrogen Society in Asia and the Pacific” and a Regional Session “Promoting Decarbonization through Efficient District Heating and Cooling Solutions in East Asia Region” during the ADB Asia Clean Energy Forum 2022.
Virtual Deep Dive Workshop on Future Hydrogen Society in Asia and the Pacific
Green hydrogen produced by renewable energy can help tackle sustainability challenges in sectors such as transportation, building development, and power generation, and enable larger-scale penetration of variable renewable energy when combined with emerging low-carbon technologies. Yet, global investment in hydrogen was only 0.5% of renewable energy investment in 2021.
Asia and the Pacific is leading the way in hydrogen investment, accounting for over 50% of the global total in 2021, and toward a hydrogen society in which hydrogen plays a vital role in daily life and economic activities. What is more, Australia, Japan, India, New Zealand, the Republic of Korea, and a growing number of other countries in the region are proposing national-level hydrogen strategies to accelerate the decarbonization of society and aiming to move forward with their adoption.
This ADBI-ADB virtual deep dive workshop discussed hydrogen development and keys to realizing a hydrogen society in countries in Asia and the Pacific. It drew upon regional and global case studies.
Regional Session on Promoting Decarbonization through Efficient District Heating and Cooling Solutions in East Asia Region
Over the last 20 years, about 600 million people in developing Asia have moved from rural villages to cities. Cities today house about 60% of the region’s population, consume over two-thirds of energy resources, and are the source of over 70% of all carbon emissions. Urbanization and improving living standards are expected to continue to drive energy consumption, with space heating and cooling presently accounting for about a third of energy resources in cities. However, demand for space cooling is projected to increase and become cities’ largest source of electricity consumption by 2050.
Current technologies are not efficient enough to meet future heating and cooling demand, which could have disastrous consequences for electricity systems and the environment. To help prevent this from occurring, it is necessary to identify sustainable and low-carbon heating and cooling technologies that can reduce energy consumption and carbon emissions, while providing a high level of comfort.
This ADBI-ADB regional session discussed district heating and cooling and its potential to efficiently and effectively address market demand and related sustainability issues in East Asia. It will spotlight district heating and cooling development, trends, and lessons learned in the region.
- Raise awareness about national hydrogen strategies and policies for promoting hydrogen
- Examine economic models for hydrogen cost reduction
- Discuss district heating and cooling technologies’ potential to support energy transition in East Asia
- Describe how district heating and cooling can reduce energy intensity and promote decarbonization
- Policy makers from Asian Development Bank member economies
- Experts from think tanks, universities, and international organizations
- Deepened understanding of national hydrogen strategies and policies for promoting hydrogen
- Identification of economic models for hydrogen cost reduction and successful hydrogen energy use feasibility studies and projects
- Greater impetus for dialogue, research, and regional cooperation toward realizing the potential of district heating and cooling technologies to support sustainable energy transition
- Asian Development Bank
Wind to Hydrogen in Southwest England
Green Hydrogen opportunity
Big Data in Hydrogen Society
*Disclaimer: The views expressed in these presentations are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in these presentations and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.