Japan find itself at an inflection point for hydrogen, according to a World Economic Forum paper.
Given its structural reliance on imported fuels and exposure to energy security and decarbonisation imperatives, hydrogen provides an industrial and strategic pathway.
But progress is not without friction, it finds. Infrastructure remains incomplete across production, transport and end-use sectors, green hydrogen and its derivatives still entail cost premiums and long-term offtakes, essential to investment clarity, have not materialised at the scale required.
That’s despite policy direction and mobilised funds thanks to the country’s updated Basic Hydrogen Strategy and Hydrogen Society Promotion Act. It still requires “coordinated, system-wide progress,” according to the report.
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