Turkey's renewable energy potential can lower the cost of green hydrogen

Petra Schwager, Chief of the Climate and Technology Partnerships Division at the United Nations Industrial Development Organization (UNIDO), stated during the COP31 held in Antalya that Turkey's renewable energy potential could lower green hydrogen production costs, providing significant advantages for the domestic market and exports.

Petra Schwager, Chief of the Climate and Technology Partnerships Division at the United Nations Industrial Development Organization, made evaluations within the scope of the 31st UN Climate Change Conference of the Parties (COP31) held in Antalya. Schwager noted that approximately 70 percent of green hydrogen production costs stem from energy expenses, and Turkey's low energy costs could create significant opportunities in terms of the domestic market and exports.

Stating that the country's development of renewable energy capacity would increase its competitive power, Schwager recorded that its geographical location would provide an advantage in delivering hydrogen to international markets. Schwager expressed hope for Turkey's participation in UNIDO's "Hydrogen Bridge" initiative and added that electrification and hydrogen are not alternatives to each other, and excess energy can be stored.