To achieve greenhouse gas neutrality by 2050, in early July the European Commission (EC) published their new Hydrogen strategy for a climate-neutral Europe. Though the promise of a future green hydrogen-based system is the main selling point, in reality the near-term hydrogen economy will be dependent on a nightmarish mix of fossil gas-derived “grey” hydrogen, later supplemented by “blue” hydrogen, itself dependent upon the proving out of non-functional carbon capture and sequestration technologies (CCS). Behind the scenes, the oil and gas industry and their allies are pushing for a “technology-neutral” hydrogen future, thus ensuring them a handsome stream of profits. Despite the green label, there is every reason to suspect that the coming hydrogen transition will be exponentially dirtier than expected. L. Michael Buchsbaum reminds us to be skeptical in Part II of a series on the promises and pitfalls of green hydrogen.
Heralded as the missing puzzle piece within a fully decarbonized economy, the European Commission has determined clean hydrogen is the 21st Century solution to arresting climate change. Published in July, their new Hydrogen Strategy is also a jobs plan and pathway towards unifying the EU around a holistic energy and economic policy. But despite being framed as a green energy program, there’s a growing realization that the transition will be dirtier than expected. For the short term at least, the plan rests heavily on using fossil gas as “a bridge fuel” once again. L. Michael Buchsbaum reports in the first of a series on the evolving hydrogen revolution.
Europe’s economy is well placed to benefit from the fledgling global hydrogen economy and should decisively follow through with its hydrogen strategies, says Veronika Grimm, a member of Germany’s council of economic experts, one of the country’s most important advisory committees. “We are in a very strong position in Germany and Europe when it comes to hydrogen and synthetic fuels, and we should keep that advantage,” Grimm told Clean Energy Wire. “It’s very important to create, on an ambitious timeline, the energy policy framework conditions that make hydrogen-related investments attractive for european companies,” said Grimm, who is also a member of Germany’s freshly launched hydrogen council dedicated to supervising the implementation of the country’s recent hydrogen strategy. In this interview, Grimm talks about her expectations for a global hydrogen economy, its implications for industries across the globe, and why she thinks the coronavirus crisis might speed up the transition rather than slowing it.