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Tuesday, 05/07/2024 10:35:18 PM

Tuesday, May 07, 2024 10:35:18 PM

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DOE advisory panel offers new "clean energy" and natural gas reports

A Department of Energy advisory committee said Tuesday that the nascent “clean” hydrogen industry is not growing fast enough to meet U.S. climate goals, a conclusion that Energy Secretary Jennifer Granholm called “sobering.”

(Energy Secretary Jennifer Granholm and other officials outline takeaways on new “clean” hydrogen and natural gas reports.)

"The hydrogen industry needs additional federal support in order to reach levels required to achieve net-zero U.S. carbon emissions by 2050, according to the NPC hydrogen report."

"Emerging “green” hydrogen made from renewable-powered electricity needs $1.8 trillion in capital investment between now and 2050 to support the 2050 goal.Blue” hydrogen made from fossil fuels and carbon capture needs $100 billion in investment to do the same."

"If there are significant policy advancements and a large build-out of infrastructure for emission-reductions projects such as carbon capture and storage, methane emissions from the natural gas supply chain could fall by an estimated 70 percent and CO2 emissions could decline by 33 percent through 2050, the report found."

https://www.eenews.net/articles/doe-advisory-panel-offers-sobering-view-on-hydrogen/
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