Could using low-carbon electricity to turn water into hydrogen and other gases keep the EU’s gas industry relevant in an increasingly CO2-constrained future? The EU gas and power sectors are certainly interested in testing such technology at scale, as it could help them both with their different challenges going forward. Natural gas and LNG suppliers are facing an expected dramatic decline in demand for their fossil fuels as the EU works to decarbonize its energy sector by 2050, while gas grid operators could see their assets stranded. At the same time the power sector will have to integrate ever-increasing shares of renewable power, mostly variable wind and solar, creating huge demand for flexibility options to keep the grid balanced. Coupling the two sectors through power-to-gas technology, known as P2G, would allow excess electricity in the system to be used to turn water into hydrogen or, in a second step using CO2, into synthetic methane, for example. If the electricity used is renewable or zero-carbon, then the gases produced are also renewable or decarbonized. These gases can be used directly, for example in industrial processes or for transport. Or they can be injected into the EU’s extensive natural gas grid (within… continue reading
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Source: CTRM Center