Page 5 - FSUOGM Week 09 2021
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FSUOGM                                       COMMENTARY                                            FSUOGM


















                                                                                                  The Nord Stream
                                                                                                  2 pipeline could
                                                                                                  be repurposed for
                                                                                                  hydrogen energy.
                                                                                                  Source: Gazprom.




















                         mixture with methane in pipelines, he said.  Enter Novatek
                           Speaking at an industry conference in  Gazprom’s main domestic rival and Russia’s
                         December, the head of Gazprom’s energy effi-  biggest LNG exporter Novatek is also looking
                         ciency and environmental department, Alex-  at options for hydrogen supply to Europe. The
                         ander Ishkov, said the company was willing to  company is working with Germany’s Siemens
                         build a major processing plant on Germany’s  to convert one of the eight 47-MW gas turbines
                         Baltic Sea coast to produce hydrogen from  powering its Yamal LNG plant in the Russian
                         methane. The potential plant could be built in  Arctic to run on a hydrogen mix. But its ambi-
                         Greifswald, where Nord Stream makes landfall,  tions go far beyond that.
                         he said. He added that the Nord Stream 1 and 2   While hydrogen will only have a noticeable
                         could also be used to transport CO2 emissions  share in global energy consumption in 30 to 40
                         released during hydrogen production back to  years’ time, Novatek CEO Leonid Mikhelson
                         Russia for storage.                  said at an industry event last October, the com-
                           In a recent report, The Fuel Cells & Hydrogen  pany is eager to build up an early position in the
                         Joint Undertaking, a European public-private  sector.
                         research and technology organisation, estimated   “Hydrogen is the next step in the global
                         that the continent’s hydrogen demand could  energy market development,” Mikhelson
                         reach 16.9mn tonnes by 2030. And according  said, adding that Novatek was considering
                         to the Hydrogen Europe lobby group, the con-  steam-methane conversion and other hydrogen
                         tinent could need up to 7.4mn tonnes of green  production methods.
                         hydrogen supply, either produced domestically   Novatek’s Arctic LNG projects enjoyed con-
                         or imported from Ukraine or North Africa, by  siderable support from the Russian state, and it
                         the end of this decade. This leaves a 9.5mn tonne  is likely that its investments in hydrogen would
                         per year (tpy) shortfall, which Russian hydrogen  secure similar benefits.
                         could help fill.                       Another Russian firm seen as a prime can-
                           German authorities are also open to co-op-  didate to help the country establish itself as a
                         eration with Russia in the production and  hydrogen exporter is Rosatom, which can pro-
                         supply of green hydrogen, German Economic  duce so-called yellow hydrogen using its fleet of
                         Minister Peter Altmaier said in a webinar in  nuclear power stations.
                         mid-February.                          Russia’s energy ministry released a hydrogen
                           “Russia can offer giant land potential as a  roadmap last summer which identified general
                         basis to build up solar and wind power, and huge  goals and steps for these players to build up
                         water resources for hydropower,” Stephan Weil,  hydrogen businesses. Russia’s goal is to export
                         the prime minister of Germany’s Lower Saxony  the fuel at a rate of 200,000 tpy by 2024, rising to
                         state, added in the same webinar.    2mn tpy by 2035. ™



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