Browsing: Analysis

The Association of Municipal Companies (VKU) in Germany has raised concerns over the feasibility of the government’s plans to switch to hydrogen gas networks in 2024. VKU Managing Director Ingbert Liebing has warned that the “rigid specifications” in the current draft of the Building Energy Act (GEG) could lead to a failure of the heat transition plans of the Federal Government. Liebing criticized the “rigid requirements” for around 500 municipal utilities with regard to gas and district heating, which he believes are counterproductive and have the opposite effect.

A “net-zero emissions by 2050” scenario, like that described in the International Energy Agency (IEA) roadmap, calls for an unprecedented development of renewable energies, with increasing electrification of uses, increased energy efficiency, and smart energy grids, the development of nuclear power, the massive development of hydrogen as a carbon-free energy and chemical carrier, and the various methods for capturing carbon or offsetting its emissions in other ways.

Uruguay, the country with the second-highest percentage of variable renewable energies (such as solar and wind) in the world’s electricity generation, was one of the special guests at the most recent international conference on renewable energies, which was held in Madrid at the end of February.

A landmark piece of legislation containing $369 billion in investment to combat climate change was approved by the White House in August. An important tax credit in that historic law was one for producing hydrogen in environmentally friendly ways.