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This study explores pathways to leverage potential opportunities to deploy hydrogen co-firing and draw a roadmap for the power plant to produce hydrogen while increasing use of renewables and reducing carbon emissions to achieve decarbonization of this sector. For this, a thorough techno-commercial assessment framework for co-firing hydrogen in gas power plants to reduce carbon emission is developed supported by energy transition strategy, process engineering modeling, flow simulation, and economics modeling to connect the different components involved in the studied hydrogen value chain. The conclusions drawn from the study show that: (i) to meet these objectives will require a full integration of multiple technologies packaged into a viable hydrogen value chain to deliver the required hydrogen volume; (ii) the hydrogen co-firing in the studied gas power plants will only contribute to a portion of the CO2 emission targets; (iii) a further reduction to meet the net zero target will be achieved by introducing carbon capture and storage (CCS) technologies combined with the development of multiple renewable energy projects, such as large-scale solar projects. Finally, this study strongly confirms that technologies developed for oil and gas can easily be adapted to energy transition strategies for hydrogen for power generation.