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Why gas companies can’t count on green hydrogen to save their distribution grids

From reneweconomy.com.au

Operators of gas distribution grids need to prepare for a “disruptive end to their business model” with net-zero scenarios seeing very limited use of hydrogen in heating buildings, according to a new study from German think-tank Agora Energiewende. The report points to an emerging consensus concluding “that the role of hydrogen for climate neutrality is crucial but secondary to direct electrification”, with green hydrogen to be used to decarbonise industry, shipping, aviation, “and firming a renewable-based power system.” But it says green hydrogen will see very little use in heating for buildings, leading to “a ... (full story)

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  • Category: Fundamental Analysis