Europe to lose two-thirds of storage capacity in hydrogen conversion
Hydrogen’s lower energy content per cubic metre compared with natural gas will have major implications for the European energy system, RAG CEO tells Hydrogen Economist
Austrian gas storage operator RAG aims to store 10TWh of hydrogen from 2030–35, anticipating a shift away from natural gas by 2050. But converting underground storage facilities to store hydrogen instead of natural gas will result in a loss of two-thirds of these reservoirs’ energy content, according to CEO Markus Mitteregger. “One cubic metre of gas is roughly 10kWh, and the same cubic metre of hydrogen has just 3[kWh]. So you are losing two-thirds of the energy. That means, even if you increase the volume, the content of the energy is less,” he says. He anticipates that RAG will have to retain its current natural gas storage capacity in the 2030s to sustain continued demand from gas-fired
Also in this section
4 December 2024
European Hydrogen Bank’s second auction opens amid uncertainty over green hydrogen sector’s near-term prospects
4 December 2024
Chinese developers are latest to enter the fray as country’s pipeline of green hydrogen projects implies potential investment of $28b by end of decade
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism