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ARTICLE · 11 OCTOBER 2022

BEIS Proposals: Hydrogen Transportation And Storage

Shepherd and Wedderburn
Shepherd and Wedderburn
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Hydrogen represents a significant potential business opportunity. BEIS believe that up to 250-460TWh of hydrogen could be required by 2050, approximately 20-35% of final energy consumption.

United KingdomEnergy and Natural Resources

Introduction

Hydrogen represents a significant potential business opportunity. BEIS believe that up to 250-460TWh of hydrogen could be required by 2050, approximately 20-35% of final energy consumption. This compares to production of, at most, 27TWh a year at present. The current BEIS target is 10GW of clean hydrogen production by 2030, with at least half coming from electrolytic conversion.

If we are to have a "hydrogen economy", transportation and storage are critical. Storage is essential for hydrogen to reach its full potential as a balancing fuel in the electricity and wider energy system. The electricity system is currently balanced predominantly by gas. Hydrogen is, potentially, a credible low carbon replacement.

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