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Articles

Europe’s energy crisis is an opportunity to shape emerging green hydrogen market

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By Benjamin Görlach, Michael Jakob, Benjamin Görlac h
| Knowable Magazine
The war on Ukraine — a major exporter of natural gas — has wreaked havoc on energy markets in Europe. Faced with imminent energy shortages, governments have ramped up coal use and expanded import of liquified natural gas from other nations. The International Energy Agency estimates that coal use in Europe could increase by 7 percent in 2022, after a 14 percent jump in 2021. This is a problem. Europe is sliding backward on its climate goals, just when it needs to be leaping forward.
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