Background

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 $1.5 billion in 2020 or 0.5% of the record $500 billion in renewable energy investment that year. Asia and the Pacific is leading the way in hydrogen investment, accounting for 73% of the global total in 2020, 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 countries in the region are proposing national-level hydrogen strategies to accelerate the decarbonization of society and aiming to move forward with their adoption.

Objectives

  • Hydrogen development drivers and barriers, including cost and feasibility
  • Hydrogen financing and investment promotion, especially green hydrogen development
  • Role of green finance taxonomy for hydrogen
  • National hydrogen strategies and other policies for promoting hydrogen
  • We plan ADBI-ADB book on this topic in 2023

AGENDA

Time (Manila) Activities
02:00 - 02:05 p.m. Opening Remarks from ADBI
  • Tetsushi Sonobe, Dean, Asian Development Bank Institute
02:05 - 02:45 p.m. Session: Case Studies & Economic Model

In this session, experts will present on case studies of hydrogen projects from around the world and the economic models for reducing costs.

Moderator: Kaoru Ogino, Principal Energy Specialist, ADB, Philippines Presenters (8 min per presentation):
  • Nikhil Moghe, Partner, KPMG India,
  • Wind to Hydrogen in Southwest England, Speaker: Mi Tian, Lecturer, University of Exeter, UK
  • Big data in Hydrogen Society, Speaker: Haoran Zhang, Assistant Professor, University of Tokyo, Japan
Open Q&A
02:45 - 03:25 p.m. Panel discussion: National Strategies

In this session, there will be a panel discussion on national hydrogen strategies and developments, followed by an open Q&A

Moderator: K E Seetha Ram, Principal Knowledge Sharing and Services Specialist, ADBI, Japan Panelists:
  • Mr. Hiroki Yoshida, Deputy Director, Hydrogen and Fuel Cells Strategy Office, Agency for Natural Resources and Energy (ANRE) Ministry of Economy, Trade and Industry (METI), Japan
  • Dr Yong Ping Zhai, Senior Advisor, Strategy Development Department, Tencent, People’s Republic of China
  • Dr Jiyoung An, Associate Research Fellow, Hydrogen Economy Research Team, Korea Energy Economics Institute
03:25 - 03:30 p.m. Closing Remarks/Summary
  • Dina Azhgaliyeva, Research Fellow, ADBI

    • Speakers

    Tetsushi Sonobe

    Tetsushi Sonobe

    Dean
    Asian Development Bank Institute
    Kaoru Ogino

    Kaoru Ogino

    Principal Energy Specialist
    Asian Development Bank
    Nikhil Moghe

    Nikhil Moghe

    Partner
    KPMG
    Mi Tian

    Mi Tian

    Lecturer
    Univeristy of Exeter
    Haoran Zhang

    Haoran Zhang

    Researcher
    LocationMind Inc.
    KE Seetha Ram

    KE Seetha Ram

    Senior Consulting Specialist
    ADB Institute
    Hiroki Yoshida

    Hiroki Yoshida

    Deputry Director
    Hydrogen and Fuel Cells Strategy Office, Agency for Natural Resources and Energy (ANRE) Ministry of Economy, Trade and Industry (METI), Japan
    Yongping Zhai

    Yongping Zhai

    Senior Advisor
    Tencent
    Dina Azhgaliyeva

    Dina Azhgaliyeva

    Research Fellow
    ADB Institute
    VIEW MORE SPEAKERS

    About Organizers

    Asian Development Bank (ADB) The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. Asian Development Bank Institute (ADBI) ADB Institute, located in Tokyo, is the think tank of the Asian Development Bank, an international financial institution. ADBI aims to be an innovative center of excellence for the creation of rigorous, evidence-based knowledge that can be implemented as new actionable policies by developing and emerging economies, so as to contribute to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. It also contributes to ADB’s overall mission and operational priorities in line with ADB’s Strategy 2030. This vision will lead ADBI to continue to be a globally recognized think tank.

    Point of Contact

    Dina Azhgaliyeva ADBI Email KE Seetha Ram ADBI Email