Green hydrogen, produced using renewable energy sources, is seen as a key factor in the decarbonisation of the European economy. This environmentally friendly energy carrier can be used in various sectors, including transport, industry, energy and heating.
Investing in green hydrogen:
European countries are actively investing in the development of green hydrogen. In 2020, the European Commission presented the Hydrogen Strategy, which envisages the installation of 40 GW of green hydrogen production capacity by 2030.
Companies investing in green hydrogen:
Siemens Energy: The German concern Siemens Energy is cooperating with a number of companies on projects for the production, transportation and storage of green hydrogen.
Air Liquide: the French company Air Liquide is one of the leaders in the global hydrogen market. It invests in green hydrogen production projects in Europe and other regions of the world.
Shell: Anglo-Dutch oil and gas company Shell is also actively investing in green hydrogen. It plans to build a number of electrolyzers in Europe for the production of green hydrogen.
Answer of experts:
What are the main advantages of green hydrogen?
Green hydrogen is an environmentally friendly energy carrier that does not produce harmful emissions.
It can be used to store energy, which can help balance the energy system.
Green hydrogen can stimulate the development of new industries and create new jobs.
What are the main challenges to the development of green hydrogen?
The high cost of green hydrogen production.
The need for infrastructure development for hydrogen transportation and storage.
Lack of a clear regulatory framework.
What are the prospects for the development of green hydrogen?
The green hydrogen market is expected to grow rapidly in the coming years. Reducing the cost of production, developing infrastructure and adopting a favorable regulatory framework
More information - Siemens Energy
Green hydrogen has significant potential for decarbonizing the European economy.
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