EY has published the Turkey Green Hydrogen Analysis.

Foreks - EY (Ernst & Young) has published an analysis on Green Hydrogen in Turkey. According to the analysis, the cement, iron-steel, ceramics, fertilizer, and chemical sectors stand out among the areas of green hydrogen usage in Turkey. It is anticipated that increasing awareness of green hydrogen and decarbonization in these sectors, developing green hydrogen infrastructure, boosting investments in electrolyzers, and promoting strategic collaborations among stakeholders can lead to significant carbon reduction and achievement of net-zero targets.

In response to the opportunities and challenges posed by the Carbon Border Adjustment Mechanism (CBAM), companies that act swiftly can gain a competitive advantage globally and assume leadership roles in the green transition process. Moreover, to foster the development of green hydrogen in Turkey, it is essential to enhance government policies and incentives, develop solutions for the storage and distribution of green hydrogen, and encourage greater participation of local companies in the value chain.