New Co-Chair “H2eart for Europe” Alliance on Underground Hydrogen Storage
All this positive spirit received at the Launch Event in Brussels this week motivates in chairing this new Alliance together with Michael Schmöltzer (Uniper Energy Storage) and Carole Le- Henaff (Storengy).
ICIS EXPLAINS: H2eart for Europe
LONDON (ICIS)–The European Underground Hydrogen Storage Alliance launched H2eart for Europe on 23 January with the aim to provide reports and analysis surrounding hydrogen storage across Europe.
H2eart for Europe released a report entitled “The role of underground hydrogen storage in Europe” at the same time, which ICIS has summarised in the below infogram.
Billions must be invested in hydrogen storage this decade to provide long-term flexibility to future grids: industry group
A new industry group, H2eart for Europe, has warned in its launch report that between €18bn and €36bn ($19.5bn-39bn) will be needed to set up enough underground hydrogen storage systems to provide long-term flexibility for zero-carbon grids.
Newly founded European Alliance, “H2eart for Europe”, Commits to Accelerated European Decarbonization Efforts through Underground Hydrogen Storage with the Support of EVP Commissioner Maroš Šefčovič
The H2eart for Europe initiative, currently composed of eleven Storage System Operators (SSOs) from across Europe, announced a pioneering pledge to expedite the decarbonization of the European energy system in the presence of Executive Vice-President of the Commission, Maroš Šefčovič.