Hydrogen has the potential to be the next breakthrough energy source but key challenges need to be overcome before it can be scaled up to widespread use. Developing countries could be at the forefront of this new “hydrogen economy”
Pacific countries are finding innovative new ways to finance renewable energy products that are making them more attractive to private investors.
On Malalison Island, in the Philippines, people are enjoying 24/7 electricity service through the use of solar hybrid technology, a new kind of battery storage and smart metering.
Tax and economic incentives for renewable energy and alternative fuel projects were once seen as key to attracting private investors to a country’s green energy plans. Increasingly, these subsidies – which can be revoked by governments as quickly as they were granted – are seen as risky and unpredictable if not rolled out carefully.
Thailand’s next phase of growth requires a transition to a low-carbon economy while ensuring energy security, affordability, and sustainability.