IDEAS home Printed from https://ideas.repec.org/p/oec/stiaaa/2025-05-en.html
   My bibliography  Save this paper

What is unique about green innovation?: Evidence from green hydrogen, green steel, batteries and electric vehicles

Author

Listed:
  • Caroline Paunov
  • Charlotte Rochell
  • Lorine Labrue
  • Sandra Planes-Satorra

Abstract

The urgency of climate change and environmental degradation underscores requires green innovations to reduce greenhouse gas emissions, minimise pollution, and preserve natural resources and biodiversity. Encompassing both technological and non-technological advancements, these innovations often face underinvestment and structural lock-ins to existing technologies. Developments, however, are highly sector- and technology-specific. This paper examines the distinct characteristics of green innovation and explores specific development and diffusion dynamics in four key sectors: green hydrogen, green steel, batteries, and electric vehicles (EVs). While green hydrogen and green steel remain nascent due to high costs and limited market adoption, batteries and EVs are more mature but challenged by overcapacity and infrastructure gaps. Addressing existing challenges and maximising the potential of green innovation requires mobilizing the entire innovation ecosystem, targeted policy support and changes in consumption patterns.

Suggested Citation

  • Caroline Paunov & Charlotte Rochell & Lorine Labrue & Sandra Planes-Satorra, 2025. "What is unique about green innovation?: Evidence from green hydrogen, green steel, batteries and electric vehicles," OECD Science, Technology and Industry Working Papers 2025/05, OECD Publishing.
    • Handle: RePEc:oec:stiaaa:2025/05-en
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    batteries; electric vehicles; green hydrogen; green steel; green technologies and innovation; industrial; innovation and technology policy; sectoral innovation dynamics and ecosystems;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    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:oec:stiaaa:2025/05-en. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/scoecfr.html .

    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.