Decarbonisation Technology - November 2021

Final energy demand Thereof H

2% 14,100

11,500

9,300

4%

6%

8%

24%

Power generation, buering

112

1-3

Power generation, buering

4

675

Heating and power for buildings

5

579

780

Industry energy

43

6

237

665

85

65

70 62

New industry feedstock

207

481

7

257

8

53

1

325

Existing industry feedstock

427

427

391

391

Business as ususal

Ambitious

Business as ususal

Ambitious

2015

2030

2050

Figure 3 Hydrogen could provide up to 24% of total energy demand, or up to ~2250 TWh of energy in the EU by 2050 26 S ource: Hydrogen RoadMap of Europe 26

electrolysers from 0.1 GW to 6 GW by 2024, 40 GW by 2030, and a working assumption of 500 GW by 2050 with total investments of up to €400 billion through 2030. 23 Green hydrogen and developing countries The versatility that green hydrogen and its derived fuels offer as a clean energy vector could contribute to the developing countries via sustainable energy objectives, decarbonisation strategies as well as enhancing national energy security by reducing the exposure to oil price volatility and supply disruptions. This could be important in bolstering climate and extreme weather resiliency. 24 Advancement in fuel cell technologies and transition towards electric mobility Hydrogen and fuel cell technologies have experienced significant technical improvement in their efficiency, durability, reliability and cost reduction. The transition to electric mobility has helped develop enabling technologies that hydrogen and fuel cells are using to

provide solutions for long-range zero-emission applications in trucks, trains, maritime shipping, buses, commercial vehicles, and even aviation. 24 Green hydrogen: barriers Although interest in green hydrogen is reaching unprecedented levels, several barriers are impeding its full contribution to the energy transition. The primary obstacle is the high cost of green hydrogen compared to grey hydrogen from fossil feedstocks. Other barriers include lack of dedicated infrastructure, lack of value recognition for reduced GHG emissions and barriers related to the development of an emerging industry. While the hydrogen sector has received attention from governments, national strategies should clearly lay out definitive pathways to increasing hydrogen penetration. 25 Green hydrogen and a low carbon future Europe’s transition to a decarbonised energy system is under way. The EU hydrogen road map 26 describes the approach for hydrogen deployment to achieve the 2°C target, failing which the EU

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