Over the last several years, however, something changed: Technology advanced, enabling hydrogen to be developed at scale, not only as a carbon-free energy carrier but also as a storage resource. That is why the current ‘hydrogen hype’ is justified, and why I truly believe it will be possible for the world to achieve net zero carbon emissions by 2050. The rapid deployment of solar and wind power means some countries now have a surplus of renewable energy, which can be stored as green hydrogen. Such clusters can be supplied either by onsite hydrogen production or be connected to pipeline networks, such as from the North Sea or North Africa in the case of Europe. RELATED CONTENTThis is why MHI Group welcomes the U.K.’s recent pragmatic and market-based hydrogen policy, as right now we need every kilogram of carbon-free hydrogen that we can produce at competitive prices.
Source: The North Africa Journal November 23, 2021 16:58 UTC