In light of global warming, resource extinction, natural disasters, and frequent heated debates on climate action in the West, hydrogen is the hope for achieving ambitious climate goals. Whether used in fuel cells to power vehicles, as a feedstock in industrial processes, or as an energy carrier to store and transport renewable energy, hydrogen offers solutions to decarbonise hard-to-abate sectors.
Indeed, hydrogen as an energy carrier has properties that are important for a reliable energy system, such as easy transport and storage capability. Moreover, hydrogen can replace fossil fuels to drastically reduce emissions in industries such as steelmaking and chemicals, where electrification is difficult.
Consequently, given hydrogen’s huge potential for energy transition, many European countries are keen on exploring ways of importing it.