Rush to green hydrogen may be counterproductive – BP
An equal amount of blue hydrogen would be preferable to diverting excessive amounts of renewable energy from grids while fossil fuels remain in the energy generation mix
The lowest level of overall emissions in 2050 would be achieved by using roughly equal amounts of natural gas-based blue hydrogen and renewable energy-based green hydrogen, according to the BP Energy Outlook, launched today. The annual report—now expanded to 2050 in light of the UK major’s 2050 net-zero commitment—examined three scenarios. Hydrogen usage increases significantly in the latter half of this period in its ‘rapid’ and ‘net-zero’ scenarios, although not in ‘business as usual’. By 2050, hydrogen accounts around 6pc of total final energy consumption in the rapid scenario and over 15pc in net-zero. Over 15pc – Hydrogen’s share of energy mix in 2050 net-zero scenario The produ
Also in this section
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
11 November 2024
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets
11 November 2024
Midstream project linking the two regions is gaining momentum after string of MoUs and political backing
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids