Indonesia, GH2 sign deal to accelerate green hydrogen adoption

This has four key areas of collaboration.

The Indonesian Ministry of Energy and Mineral Resources (MEMR) and the Green Hydrogen Organization (GH2) have inked an agreement to accelerate the implementation of Indonesia's national hydrogen strategy. 

A memorandum of understanding was signed by the two entities which outlines four key areas of collaboration: policy and regulations, market expansion and investment, financing mechanisms, and regional cooperation.

Specifically on regional cooperation, the entities are partnering under the Asia Pacific Green Hydrogen Alliance. This is a joint initiative of GH2 and Breakthrough Energy focused on promoting policies and securing financing for renewable and truly low-carbon hydrogen in Australia, Indonesia, Singapore, South Korea, and Japan.

The partnership also seeks to bolster collaboration between MEMR and GH2 in promoting energy security and a sustainable transition through the production and utilisation of green and low-carbon hydrogen within the Asia Pacific region.

GH2 will assist MEMR and Indonesian stakeholders in implementing the national hydrogen strategy and roadmaps by offering guidance, supporting the development of standards, organising capacity-building initiatives, and sharing global best practices related to policies, legislation, and fiscal incentives for the renewable energy and low-carbon hydrogen sectors.

According to GH2 CEO Jonas Moberg, Asia Pacific’s strategic advantage in competitively producing green hydrogen would enable the decarbonisation of hard-to-electrify industries and boost energy security and self-sufficiency. He said green hydrogen would soon become cost-competitive with grey hydrogen if countries with favourable renewable energy costs could rapidly capitalise on declining electrolyser prices.