Author: Arnes Biogradlija

Hydrogen generated from renewable energy sources will account for 20% of Europe’s electricity consumption in 2050 and 10% globally, according to a report released by Norway’s Statkraft. Green hydrogen is created by splitting water molecules in electrolysers using a renewable electrical current. The gas is positioned as a low-carbon alternative to fossil fuels in industries that are notoriously difficult to decarbonize. According to Statkraft’s sixth annual Low Emissions Scenario study, European power consumption would reach slightly over 5,000 terawatt hours (TWh) in 2050, with green hydrogen production accounting for roughly 1,000 TWh, up from the present demand of around 30…

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