According to reports, a research report published by the European House-Ambrosetti consulting firm and Italian gas group Snam on Saturday stated that Italy may become a European clean energy center, reducing the hydrogen produced by North Africa’s solar energy at 10-15% lower than local production costs. Prices are piped to Europe.
At a meeting of Cernobbio, the research report pointed out that due to Italy’s geographical location and extensive natural gas network, it is likely to benefit from the development of hydrogen energy.
Snam, the largest natural gas pipeline operator in Europe, has tested a 10% hydrogen blending in its 21,000-mile (33,000-kilometer) natural gas network and stated that 70% of its natural gas network is already composed of "hydrogen preparation" pipelines.
The company claims that Italy can become an infrastructure bridge between Europe and the African continent, thereby increasing the penetration rate of hydrogen in other European countries.
According to the study, by 2050, hydrogen will account for 23% of Italy’s energy needs, reducing harmful climate emissions by 28% from current levels. The industry's revenue in the next 30 years can reach 1.5 trillion euros, and 540,000 new jobs can be created by 2050.
Snam CEO Marco Alvera (Marco Alvera) said at the meeting that in 2000, the price of hydrogen from renewable energy was 40 times higher than that of oil. Today, we estimate that it will be more competitive than some current fuels within 5 years.
The green hydrogen produced by solar and wind energy is regarded by many as a possible alternative to fossil fuels.
The European Commission (European Commission) is seeking to expand the scale of renewable hydrogen energy projects and deploy them in industries where carbon emissions may still be high or electrification is difficult.
Supporters say that infrastructure investment and increased demand from transportation, natural gas grids and industry can reduce costs.
Source: Chemical Network
