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GEIDCO Members
cannot be achieved, complementary energy supply is setting ambitious targets for a carbon-neutral future.
needed. The studies highlight the role of hydrogen as This includes the stimulus initiatives and goals to
a technology that is gathering pace. When planning accelerate the European Union’s Green Deal, goals
for seasonal storage needs, tapping the potential put forward by several countries including the UK,
of hydrogen is likely to play an important role. Japan, China and South Korea.
72 However, for this to be sustainable, we are talking While this is laudable, it is imperative that
about green hydrogen – produced from renewable planning and execution cycles are accelerated to
energy sources. unlock the necessary investments in our energy
Green hydrogen could also be a facilitator in infrastructure. Policymakers need to set a clear
lowering the carbon-intensity of sectors that cannot agenda and enable this to happen, which includes
easily be directly electrified, for example, certain putting in place the right regulatory framework and
elements of the transportation sector (e.g. airplanes ensuring a degree of collaboration in key areas such
and large ships). This takes us back to my main as grid codes and market mechanisms. The area of
point of electricity being the backbone of our future interconnected electricity networks is also becoming
energy system, as green hydrogen is produced using increasingly important in order to maximize the
electricity. penetration of renewables. Collaboration will clearly
When planning and designing the future be a key success factor.
energy market, an important aspect that decision- Be it Arctic winds powering electric vehicles
makers should consider is not to overly rely upon to desert-harvested solar power feeding air
one direction only. Power system expansion and conditioning systems, a carbon-neutral energy
interconnection offers opportunities to link time system will reshape the world. The challenge is so
zones and even climatic zones instantaneously. big that there is no room for picking winners – we
Nevertheless, the future energy system needs both need all sustainable solutions, current and future.
interconnections and energy storage. It should never We should not waste our energy and time on arguing
be a question of building one or the other – because about which is the better option, but instead focus on
they are complementary. building sustainable partnerships, because only then
will we accelerate and make an impact.
Creating the optimum climate for trust, Building a global, interconnected and truly
collaboration and the right investment sustainable energy system for today’s and future
Time is of the essence in the move towards a carbon- generations with the help of fascinating technologies
neutral energy system. There have been several will bring unbelievable value for sustainable
welcome policy announcements and initiatives of late, societies.
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