Energy
Thursday, November 9th, 2023 6:54 pm EDT
Key Points
- Decarbonization Requires Multiple Solutions: The CEO of Italgas emphasized that achieving decarbonization goals necessitates a variety of solutions, including blending hydrogen into existing natural gas infrastructure. He highlighted the changing perspective on the energy transition, where it’s increasingly recognized that a combination of strategies is essential to reach net-zero CO2 emissions by 2050.
- Importance of Existing Natural Gas Infrastructure: The CEO stressed the importance of utilizing pre-existing natural gas infrastructure as a foundation for decarbonization efforts. This infrastructure can accommodate different gases, such as biomethane and clean hydrogen, enabling a transition to more sustainable energy sources.
- Hydrogen as a Versatile Energy Carrier: The article discusses hydrogen’s role as a versatile energy carrier with applications in various sectors, including industry and transport. It explains that “green” or “renewable hydrogen” can be produced through methods like electrolysis using renewable energy sources like wind or solar. While most hydrogen generation currently relies on fossil fuels, there is growing interest in blending hydrogen with natural gas as part of the energy transition.
The CEO of Italgas, an Italian natural gas distribution company, stressed the importance of utilizing a range of solutions, including blending hydrogen into existing natural gas infrastructure, to achieve decarbonization goals. He highlighted the need to use all available tools and infrastructure to attain the target of net-zero CO2 emissions by 2050. Using pre-existing natural gas infrastructure was described as “essential,” as it can accommodate various gases, including biomethane and clean hydrogen, to decarbonize the system. The CEO emphasized that as more renewable energy sources come online, flexible gas infrastructure becomes vital in balancing the grid and meeting energy demand. Blending hydrogen into natural gas systems is seen as a practical step toward a more sustainable energy future.
For the full original article on CNBC, please click here: https://www.cnbc.com/2023/11/09/ceo-on-why-natural-gas-infrastructure-must-be-ready-for-clean-hydrogen.html