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            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.


                                                                                                                                                                                                  Global Energy Interconnection Information
            Global Energy Interconnection Information
            Global Energy Interconnection Information                                                                                                                                             Global Energy Interconnection Information
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