Thu, Apr 11

WHY EUROPEAN UNDERGROUND HYDROGEN STORAGE NEEDS SHOULD BE FULFILLED

rpt-eu_underground_hydrogen_storage_targets-090424-clean.pdf
2.21MB

WHY EUROPEAN UNDERGROUND HYDROGEN STORAGE NEEDS SHOULD BE FULFILLED

underground hydrogen storage has the potential to deliver significant benefits to the system;

We quantify that optimising the energy system to minimise costs to society requires important underground hydrogen storage capacities;

However we show that currently-announced projects do not meet the optimal storage needs of the energy system and a significant gap results; 

We demonstrate that under current conditions the market alone will fail to close the gap between planned UHS capacities and the optimal level for the system;

Hence, we recommend targeted policy intervention to promote UHS and support a more cost-efficient, integrated European energy system. Underground hydrogen storage has the potential to deliver significant benefits to the system Renewable and low carbon hydrogen will create a link between the electricity and gas sectors, with electrolysis using electricity as a key input for hydrogen production.

Electrolytic hydrogen will not only be a new energy vector contributing to the decarbonisation of otherwise hard-toabate industrial processes; it can also provide flexibility to the energy system as a whole – in particular through the ability to store hydrogen much more easily and at larger scale than can be done with electricity

 

 

 

 

Hydrogen Storage

 

 

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