IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v227y2024ics0960148124005305.html

How does hydrogen energy technology help to achieve carbon neutrality targets?

Author

Listed:
  • Zheng, ShiYong
  • Liu, Kang
  • Li, Yuming
  • Li, Biqing
  • Usman, Ahmed

Abstract

In recent times, the role of hydrogen technology has become more important in decarbonizing society and achieving carbon neutrality targets. However, the nexus between hydrogen technology and carbon neutrality has not received attention from the empirics. Therefore, this analysis is an effort to plug this gap in the literature by examining the role of hydrogen technology in achieving carbon neutrality targets in six top hydrogen technologies innovative and polluting economies from 1995 to 2021. This study employs the CS-ARDL to obtain the short and long-run results. According to the long-run outcomes, hydrogen technology, green ICT, and financial development cause carbon emissions to fall. In contrast, the GDP boosts the carbon emissions. On the other hand, the short-run estimates don't show any significant relationship with the carbon emissions. These results highlight the significance of hydrogen technology and suggest that policymakers should increase the role of hydrogen technology in energy and related sectors in top polluted economies to help them achieve zero-emission targets.

Suggested Citation

  • Zheng, ShiYong & Liu, Kang & Li, Yuming & Li, Biqing & Usman, Ahmed, 2024. "How does hydrogen energy technology help to achieve carbon neutrality targets?," Renewable Energy, Elsevier, vol. 227(C).
    • Handle: RePEc:eee:renene:v:227:y:2024:i:c:s0960148124005305
    DOI: 10.1016/j.renene.2024.120465
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148124005305
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2024.120465?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Squadrito, Gaetano & Maggio, Gaetano & Nicita, Agatino, 2023. "The green hydrogen revolution," Renewable Energy, Elsevier, vol. 216(C).
    2. Li, Yaya & Zhang, Yun, 2023. "What is the role of green ICT innovation in lowering carbon emissions in China? A provincial-level analysis," Energy Economics, Elsevier, vol. 127(PA).
    3. Su, Chi Wei & Liu, Fangying & Stefea, Petru & Umar, Muhammad, 2023. "Does technology innovation help to achieve carbon neutrality?," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1-14.
    4. Chudik, Alexander & Pesaran, M. Hashem, 2015. "Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors," Journal of Econometrics, Elsevier, vol. 188(2), pages 393-420.
    5. Duanmin Zhang & Ilhan Ozturk & Sana Ullah, 2022. "Institutional factors-environmental quality nexus in BRICS: a strategic pillar of governmental performance," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 5777-5789, December.
    6. Hashem Pesaran, M. & Yamagata, Takashi, 2008. "Testing slope homogeneity in large panels," Journal of Econometrics, Elsevier, vol. 142(1), pages 50-93, January.
    7. Jianrun Wang & Muhammad Ramzan & Raufhon Salahodjaev & Muhammad Hafeez & Jihua Song, 2023. "Does financial globalisation matter for environmental quality? A sustainability perspective of Asian economies," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(3), pages 2153152-215, December.
    8. Hanley, Emma S. & Deane, JP & Gallachóir, BP Ó, 2018. "The role of hydrogen in low carbon energy futures–A review of existing perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 3027-3045.
    9. M. Hashem Pesaran, 2007. "A simple panel unit root test in the presence of cross-section dependence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
    10. Haghi, Ehsan & Raahemifar, Kaamran & Fowler, Michael, 2018. "Investigating the effect of renewable energy incentives and hydrogen storage on advantages of stakeholders in a microgrid," Energy Policy, Elsevier, vol. 113(C), pages 206-222.
    11. Joakim Westerlund, 2007. "Testing for Error Correction in Panel Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
    12. Pelaez-Samaniego, Manuel Raul & Riveros-Godoy, Gustavo & Torres-Contreras, Santiago & Garcia-Perez, Tsai & Albornoz-Vintimilla, Esteban, 2014. "Production and use of electrolytic hydrogen in Ecuador towards a low carbon economy," Energy, Elsevier, vol. 64(C), pages 626-631.
    13. Hermine Van Coppenolle & Mathieu Blondeel & Thijs Van de Graaf, 2023. "Reframing the climate debate: The origins and diffusion of net zero pledges," Global Policy, London School of Economics and Political Science, vol. 14(1), pages 48-60, February.
    14. Jia, Zhijie & Lin, Boqiang, 2021. "How to achieve the first step of the carbon-neutrality 2060 target in China: The coal substitution perspective," Energy, Elsevier, vol. 233(C).
    15. Pesaran, M. Hashem, 2015. "Time Series and Panel Data Econometrics," OUP Catalogue, Oxford University Press, number 9780198759980.
    16. Jin, Cheng & Lv, Zhiwei & Li, Zengrong & Sun, Kehan, 2023. "Green finance, renewable energy and carbon neutrality in OECD countries," Renewable Energy, Elsevier, vol. 211(C), pages 279-284.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amir Iqbal & Wei Zhang & Sayeda Jahangir, 2025. "Building a Sustainable Future: The Nexus Between Artificial Intelligence, Renewable Energy, Green Human Capital, Geopolitical Risk, and Carbon Emissions Through the Moderating Role of Institutional Quality," Sustainability, MDPI, vol. 17(3), pages 1-40, January.
    2. Jiang, Danping & Zhang, Lei & Pei, Wenjun & Song, Zhipeng & Zhang, Tian & Jing, Yanyan & Chen, Zhou & Li, Wenzhe & Zhang, Quanguo & Lu, Chaoyang, 2025. "Correlation between ethanol addition and photo-fermentative biohydrogen production of Arundo donax L. with a consortium," Renewable Energy, Elsevier, vol. 248(C).
    3. Zoghi, Mohammad & Gharaie, Saleh & Hosseinzadeh, Nasser & Zare, Ali, 2024. "4E analysis and optimization comparison of solar, biomass, geothermal, and wind power systems for green hydrogen-fueled SOFCs," Energy, Elsevier, vol. 313(C).
    4. Li, Guoliang & Gao, Wei & Jiang, Haipeng & Liu, Junpeng, 2025. "Enhancing combustion performance, hydrogen evolution stability and sintering resistance of AlH3-nanoparticles via Ni coating," Renewable Energy, Elsevier, vol. 248(C).
    5. Yang, Qiang & Zhao, Xinjian & Ma, Zhu & Du, Zhuowei & Chen, Yi & You, Wei & Yang, Junbo & Gou, Fuchun & Mao, Maozhu & Bai, Lihong & Meng, Taoli & Song, Xiaowen & Xuan, Ningqiang & Tang, Chun & Zhou, Y, 2025. "Stable photovoltaic-wind hydrogen production with comprehensive energy management strategy and technical economic optimization," Renewable Energy, Elsevier, vol. 243(C).
    6. Hao, Tengteng & Xu, Kaili & Wang, Haojie & Zheng, Xin & Li, Jishuo & Yu, Yanwu & Liu, Zhenhua, 2024. "Investigation into the hydrogen inhibition mechanism of Platycladus orientalis leaf extract as a biodegradation inhibitor for waste aluminum-silicon alloy dust in wet dust collectors," Renewable Energy, Elsevier, vol. 235(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olufemi G. Onatunji, 2025. "Revisiting the Fiscal Policy–Income Inequality Nexus in Sub‐Saharan Africa: Does Institutional Quality Matter?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(5), pages 3172-3188, July.
    2. Li, Xinqiang & Wang, Cheng, 2024. "Clean Energy's influence on the mineral resource market in the ASEAN region," Resources Policy, Elsevier, vol. 91(C).
    3. Chen, Liang & Guo, Yirong, 2023. "The drivers of sustainable development: Natural resources extraction and education for low-middle- and high-income countries," Resources Policy, Elsevier, vol. 86(PB).
    4. Li, Tianyu & Yue, Xiao-Guang & Waheed, Humayun & Yıldırım, Bilal, 2023. "Can energy efficiency and natural resources foster economic growth? Evidence from BRICS countries," Resources Policy, Elsevier, vol. 83(C).
    5. Sampene, Agyemang Kwasi & Li, Cai & Wiredu, John, 2024. "An outlook at the switch to renewable energy in emerging economies: The beneficial effect of technological innovation and green finance," Energy Policy, Elsevier, vol. 187(C).
    6. Ya, Du & Quddus, Abdul & Feng, Minhong & Ullah, Ehsan & Ameer, Waqar, 2024. "Assessing the impact of fiscal policy and natural resources on environmental degradation in BRICS countries: A resource management perspective," Resources Policy, Elsevier, vol. 90(C).
    7. Chakraborty, Saptorshee Kanto & Mazzanti, Massimiliano, 2021. "Renewable electricity and economic growth relationship in the long run: Panel data econometric evidence from the OECD," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 330-341.
    8. Quynh Chau Pham Holland & Benjamin Liu & Eduardo Roca, 2019. "International funding cost and heterogeneous mortgage interest-rate pass-through: a bank-level analysis," Empirical Economics, Springer, vol. 57(4), pages 1255-1289, October.
    9. Shahid Bashir & Aleena Joby & Farhana Wani & Mudaser Ahad Bhat & Tosib Alam, 2026. "Shrinking Sizes, Swelling Prices: Evaluating the Ripple Effects of Inflation and Shrinkflation on Economic Growth Using Dynamic Panel Framework," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 18(1), pages 29-50, January.
    10. Yang, Shuangpeng & umar, Muhammad, 2022. "How globalization is reshaping the environmental quality in G7 economies in the presence of renewable energy initiatives?," Renewable Energy, Elsevier, vol. 193(C), pages 128-135.
    11. Riti, Joshua Sunday & Shu, Yang & Riti, Miriam-Kamah J., 2022. "Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference," Energy Policy, Elsevier, vol. 166(C).
    12. Mamkhezri, Jamal, 2025. "Assessing price elasticity in US residential electricity consumption: A comparison of monthly and annual data with recession implications," Energy Policy, Elsevier, vol. 200(C).
    13. Bashir, Muhammad Adnan & Dengfeng, Zhao & Filipiak, Beata Zofia & Bilan, Yuriy & Vasa, László, 2023. "Role of economic complexity and technological innovation for ecological footprint in newly industrialized countries: Does geothermal energy consumption matter?," Renewable Energy, Elsevier, vol. 217(C).
    14. Mehmet Levent Erdas & Abdullah Emre Caglar & Emmanuel Uche & Zahoor Ahmed, 2025. "Future Pathways for Net Zero Emission: Analyzing the Nexus of Entrepreneurship and Ecological Sustainability Development in Developed Economies," Business Strategy and the Environment, Wiley Blackwell, vol. 34(5), pages 5644-5656, July.
    15. Ourania Dimitraki & Kyriakos Emmanouilidis & Alban Asllani, 2025. "Reassessing the military spending–economic growth nexus in the ‘shadows’: selected Balkan countries, 1990–2022," Defence and Peace Economics, Taylor & Francis Journals, vol. 36(8), pages 1172-1196, November.
    16. Ufuk Can & Zeynep Gizem Can, 2025. "What Drives Carbon Emissions in OECD Countries?," SAGE Open, , vol. 15(4), pages 21582440251, October.
    17. Muhammad Ibrahim Shah & Shujaat Abbas & Aminat Olayinka Olohunlana & Avik Sinha, 2023. "The impacts of land use change on biodiversity and ecosystem services: An empirical investigation from highly fragile countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1384-1400, June.
    18. Chengyonghui, Duan & Ni, Soh Wei & San, Ong Tze & Rahim, Norhuda BT Abdul, 2023. "What role public debt plays to moderate the influence of natural resources on financial development? Appraising Resource-Curse Hypothesis in MENA Region," Resources Policy, Elsevier, vol. 86(PA).
    19. Obumneke Bob Muoneke & Obiamaka Priscilla Egbo & Kingsley Ikechukwu Okere, 2024. "Coal–environmental quality nexus in EU-part of the Eastern Bloc: Do socioeconomic factors and bureaucracy play a substantial role?," Energy & Environment, , vol. 35(5), pages 2307-2328, August.
    20. Skare, Marinko & Gavurova, Beata & Sinkovic, Dean, 2025. "Measuring artificial intelligence's impact on sustainable energy transition: Empirical insights and policy implications," Energy Economics, Elsevier, vol. 150(C).

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:227:y:2024:i:c:s0960148124005305. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.