Hydrogen can be used as a feedstock, fuel, energy carrier and energy storage medium. Being versatile and having a low to zero carbon intensity, it can prove a key enabler of the energy transition. The development of hydrogen technologies will allow us to build a modern multi-utility group relying on efficient technologies, clean energy and low-carbon fuels.
The energy transition and growing environmental awareness among consumers are reshaping our reality, as demonstrated by the ambitious greenhouse gas reduction targets and regulations, including the Fit for 55 package. Emerging technologies are helping to decarbonise industry, and renewable energy sources are becoming increasingly cost efficient. Also, there is increasing talk of new recycling technologies.
Hydrogen is now among the key components of the energy transition. What are its characteristics?
Stands out from other fuels
Emits no CO2 or other environmentally harmfull copounds
It is a key pillar of decarbonisation
Allows to reduce CO2 emissons from industry, transport, energy generation and district heating
It is ubiquitous
Hydrogen is the most abudant element
It provides flexibility in the operation of the power grid
Hydrogen production will help stabilise the operation of renewable energy sources, allowing for their maximum utilisation at times of off-peak electricity demand
Can be stored in the form of derivative products
Can be used as a feedstock to produce synthetic fuels and ammonia
It has a high energy density
Hydrogen has a much higher energy density per unit mass compared with other fuels (nearly three times the energy content of gasoline)
