Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
Scientists in Switzerland say power-to-hydrogen is particularly promising for coupling electricity and heating and offsetting seasonal variation in renewables generation in sector-coupled energy networks. Their analysis indicated the technology may be especially useful in areas with a high ratio of seasonal thermal-to-electric demand.
The country’s regulator has approved a government plan to tender for 11.81 GW of power generation capacity on top of the 2 GW tender opened last month.
A national energy strategy which prioritizes coal is being ripped up just two years after its introduction, thanks to Covid-related slumps in demand, but legislators appear likely to look to gas, rather than solar and wind power as an alternative, due to land issues and energy storage costs.
The two nations have brought their national hydrogen strategies together after signing a new agreement for a joint feasibility study into green hydrogen production and trade. The agreement was welcomed around the country as auspicious of Australia’s potential as a global green hydrogen superpower.
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