August 16, 2022

THANKS, VLAD!:

Net zero, Russia war driving nascent hydrogen economy (AFP, August 15, 2022)


"Since the Russian invasion of Ukraine, the economics of green hydrogen have become increasingly attractive," Minh Khoi Le, head of hydrogen research at Rystad Energy, told AFP.

"Coupled with many incentives in the second half of 2022 globally, green hydrogen looks to satisfy the trilemma of the energy system: energy security, affordability, and sustainability."

Fallout from the war has caused the European Union to bolster its gas reserves by slashing consumption 15 percent.

The bloc is also seeking to significantly increase supplies of green hydrogen, which is made from water via electrolysis and with renewable energy.

Never waste a "crisis".


Posted by at August 16, 2022 12:00 AM

  

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