Key Insights from the 41st IPHE Steering Committee on Business Models, Regulations, and Infrastructure

New Delhi has been the focal point for global hydrogen economy discussions as India hosts the 41st Steering Committee Meeting of the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) from March 18 to 22, 2024. This significant gathering took place at the Sushma Swaraj Bhawan, continuing its agenda on March 20 with delegates from Austria, Chile, France, the European Commission, Japan, Germany, the Netherlands, the UAE, the UK, the US, Singapore, and South Korea.

The meeting was a platform for these countries to share updates on hydrogen-related research and development, policy advancements, and various initiatives at both federal and provincial levels. Highlights included discussions on national hydrogen strategies, and R&D efforts focusing on hydrogen’s production, storage, and transportation. The delegates explored the current state of hydrogen demand, infrastructure development, and workforce upskilling.

A significant portion of the discussions revolved around exploring business models for the hydrogen sector, the potential for international collaborations, and strategies for developing sustainable commercial frameworks. The committee also addressed the regulatory landscape, emission detection methodologies, and the establishment of dedicated hydrogen infrastructure and markets, including the concept of hydrogen banks and import-export corridors.

Attention was also given to improving public awareness, facilitating business operations, and adopting cost-effective, high-efficiency approaches. Reflecting on the 40th Steering Committee’s decisions, the meeting underscored the importance of expanding IPHE membership to include broader international participation, particularly from countries in the Global South.

The European Commission has been confirmed to host the upcoming 42nd Steering Committee Meeting during the European Hydrogen Week in November 2024. The committee’s chair called for urgent action to scale up the deployment of green hydrogen across various economic sectors, highlighting the need for ambitious measures to harness hydrogen’s potential fully.