Hydrogen Report 2022
- Nov 17, 2022 10:08 am GMT
COP27 takes place against the backdrop of a truly global energy crisis sparked by Russia’s brutal and unjustified invasion of Ukraine. Across Europe, millions of people struggle because of excessively high gas and coal prices, and across the world, millions more who only recently gained access to electricity, risk losing the ability to afford it at all.
While this energy crisis affects us all very deeply, we know we cannot solve it at the expense of our fight against the climate crisis. It is still possible to avoid the worst repercussions of climate change if we steer the world economy in the right direction now. Hydrogen is an essential component of the new, climate-neutral, economy. In the current circumstances, investments in renewable hydrogen can also strengthen energy security and ensure industrial competitiveness.
Over the past two decades Europe has successfully demonstrated that renewable power generation can be deployed at a large scale if it is supported by a stable and ambitious policy framework. To develop the global hydrogen sector, we want to replicate the success story of renewables, and at a much quicker pace. Join: Hydrogen Networks
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