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
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