Future LNG overcapacity to boost hydrogen imports
Regasification terminals can be repurposed to receive ammonia and synthetic methane
Europe’s LNG terminals could eventually provide significant hydrogen import capacity, using either ammonia or synthetic methane, according to energy industry experts. European countries are scrambling to build extra LNG import capacity as they diversify their gas supplies following Russia’s invasion of Ukraine. At the same time, they are seeking to reduce gas consumption even faster than previously planned. This could rapidly lead to a substantial gas import overcapacity, says Brussels-based thinktank Bruegel. Bruegel calculates an expected natural gas supply of 4,500TWh from 2026, up from 3,750TWh in 2023, as LNG terminals start to come online. Some will be temporary floating terminals, but
Also in this section
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off