Site icon UBN

To create hydrogen production, transportation and storage infrastructure will require $11 trillion in investments by 2050

, Belkova writes, citing Bloomberg. With hydrogen accounting for 0.002% of total energy consumption, hydrogen can only account for 24% by 2050, she writes, citing Bloomberg. Belkova concludes: “It is clear that hydrogen will require huge investments throughout the production and consumption cycle across Europe…it will in no way replace Ukraine’s current gas transit status and its role for the budget and security.”

Exit mobile version