Maximizing Europe’s Green Hydrogen Supply
Europe will need to ramp up both production and imports of green hydrogen to cleanly power energy-intensive industries.
Russia’s invasion of Ukraine has brought instability, violence, and human tragedy on a massive scale, with effects rippling across the continent and beyond. The crisis has also shaken up the global energy sector. One-fourth of Europe’s energy comes from natural gas, nearly 45 percent of which is imported from Russia.
RMI is committed to analyzing the consequences for the energy transition and the climate, so that future energy choices don’t jeopardize another nation’s sovereignty, security, and stability. Below, find RMI’s latest perspectives on this fast-changing crisis.
Europe will need to ramp up both production and imports of green hydrogen to cleanly power energy-intensive industries.
Targeted investment will help reduce near-term risks that could slow the rollout of clean hydrogen across European industry.
Targeted imports of green hydrogen and ammonia are cost-competitive and able to displace fossil fuels in European industry and transport within eight years.
The Ukraine crisis shows that we must now act with speed, agility, coordination, and an integrated vision to create a prosperous climate-safe and energy-secure world.
As new energy sources grow, the standard pattern of demand for existing energy sources is one of peak, plateau, and decline.
This is the third report in our series on peaking fossil fuel demand. It focuses on why peaks matter to financial markets.
The Ukraine crisis shows that we must now act with speed, agility, coordination, and an integrated vision to create a prosperous climate-safe and energy-secure world.
Russia’s invasion of Ukraine means that global demand for fossil fuels has very likely peaked — for good. The world’s policymakers have been working toward this tipping point for years.
Russia’s invasion of Ukraine underscores the heightened energy security risks associated with the European Union’s oil and gas imports.
As European nations take swift action to de-risk their gas supply and ramp up new energy sources due to the Russian invasion of Ukraine, which alternatives they choose will have significant climate implications.
One-fourth of Europe’s energy comes from natural gas, nearly 40 percent of which is imported from Russia. As European countries take swift action to de-risk their gas supply and ramp up alternative sources, the alternatives they choose will have significant climate implications.
This year, Europe will likely spend nearly $1 trillion on energy. Although the continent has lived through energy crises before, this one has especially high stakes because of the confluence of geopolitical tensions and the raging debate over energy transition policy.
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Energy-linked security concerns sit at the foundation of RMI’s mission to transition away from fossil fuels. In 1983, a decade after the Arab oil embargo triggered the first global energy shock, Amory Lovins co-authored a landmark analysis of the physical and economic vulnerabilities of America’s energy systems. Today, Lovins’ Brittle Power: Energy Strategy for National Security, continues to inform our work, and underscores the enduring urgency to shift Europe — and the rest of the world — to a more efficient, resilient, and secure energy system based on renewable sources.
Download a Copy HerePublished in 2004, Winning the Oil Endgame: Innovations for Profits, Jobs, and Security extends the implications laid out in Brittle Power. In an independent, peer-reviewed synthesis, Lovins maps out a path to get the United States completely, attractively, and profitably off oil. The approach integrates four technological ways to displace oil: (1) using oil twice as efficiently; then substituting (2) biofuels; (3) saved natural gas; and, (4) optionally, hydrogen. Then, as now, Lovins makes a case that this transition can be done profitably, led by business.
Download a Copy Here