ENGIE and Equinor have penned a contract to explore the development of low-carbon hydrogen energy in the Netherlands, Belgium, and France. These two companies will be discussing the customers for its next project, the stakeholders, and the authorities to oversee the program.
The companies will be venturing hydrogen technology on a pilot project before scaling up to meet the demands of the customers. Both ENGIE and Equinor have understood the concept of improving the low-carbon and renewable energy projects to minimize the dependence on fossil fuels that emit carbon dioxide into the atmosphere. The project will hopefully offset the emissions that the energy utilization processes would have generated through this decade.
Moreover, the exploration of renewable hydrogen energy will escalate new hydrogen utilities’ development to offer this energy for consumption by hydrogen fuel cell cars. This move will enable the country to motivate other companies to explore renewable energy and maximize the possibility of achieving net-zero emissions before 2050.
The chief executive of ENGIE’s Business Unit Global Energy Management, Edouard Neviaski, narrated they are happy to collaborate with Equinor, which has been their associate for over four decades. He added that his company has a strong conviction that hydrogen energy can accelerate the switch to clean energy. The company manufactures renewable hydrogen energy and advocates for the development of the market consuming this energy. The two sides of this technology will ensure that consumers consume this energy while assuring strong foundations through the facilities providing this service.
The senior executive of Equinor’s Low Carbon Solutions, Grete Tveit, stated that his company wants to oversee the quick transition of the energy industry to this technology. He added that they are optimistic that hydrogen technology and CCS can help the country succeed in the switch to better energy alternatives. The executives of both companies are certain that partnerships and agreements will accelerate the shift to clean energy at a fast rate. The companies are calling onto the other stakeholders in the energy sector to link up and form programs through which they can explore clean, renewable energy.
Hydrogen technology has been a gray area for various companies, which cited its reactive nature as the challenge for exploring it. However, companies are linking up and designing strategies to benefit from this energy. Other renewables that will be admitting more companies that want to reduce their carbon footprints include solar energy, wind power, nuclear energy, and biomass. Hopefully, the companies can exploit these technologies and help the country propel towards net-zero emissions.https://thetrustedchronicle.com/