At COP26 the voice of hydrogen staked its claim to meeting its targets and its contribution to making the 1.5°C scenario a realistic ambition. Cato Koole and Thomas Koch Blank at Rocky Mountain Institute explain that hydrogen supply should not be the problem. The combination of deployed and announced projects already places the world close to the green hydrogen production capacity needed as outlined in the IEA’s "Net Zero by 2050" roadmap. The … [Read more...]
Green Finance standards: the EU Taxonomy and China’s “Catalogue”
The EU Taxonomy was published in June 2020. It is the first official document to define and classify what is a truly sustainable economic activity in Europe. Six months later China’s regulators published their own version, a new edition of the China Green Bond Endorsed Project Catalogue (the Catalogue). Both documents will act as important standards for green finance institutions and investors in Europe and China. They are intended to improve … [Read more...]
Case study Italy: Optimising emissions cuts means we’ll need “grey” and “blue” Hydrogen too
Europe is committing to hydrogen. The ideal is “green” hydrogen, produced from renewable energy alone. Carlo Stagnaro at Istituto Bruno Leoni analyses emissions and costs in Italy to make the case for policy-makers to consider including “grey” and “blue” hydrogen in their strategies too. Because grids are far from green today, a new wind and solar plant will reduce more emissions by feeding the grid than by making hydrogen. “Grey” hydrogen, … [Read more...]
The Netherlands: a Blue Hydrogen economy now will ease a transition to Green
Barthold Schroot at EBN makes the case for blue hydrogen for the Netherlands now, to minimise emissions and make life easier for green hydrogen later. The country is a big consumer of natural gas that, realistically, cannot be quickly replaced with renewables. So what’s the best alternative to burning that gas and can be introduced the soonest? Green hydrogen production (emissions-free) will take time to reach scale as it needs to piggy-back off … [Read more...]
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