Author: CMS Vienna
Hydrogen is increasingly seen as one of the critical components of the energy transition. Every day brings news about cooperation agreements, start-ups, new technologies, infrastructure projects, and storage solutions. But to what extent is the hype about hydrogen justified? What sort of infrastructure will be required? Is the legal framework sufficient and future-proof?
On 23 June 2022, five distinguished experts on hydrogen exchanged their views about the prospects of hydrogen as part of the energy transition. Hamead Ahrary, Head of the Hydrogen Division at VERBUND AG, Andreas Indinger, Head of the Center for Research and Innovation at the Austrian Energy Agency, Dalia Majumder-Russell, Partner CMS London, Ewald Perwög, Head of Sustainable Energy Solutions at MPREIS Warenvertriebs GmbH and Werner Trabesinger, Head of Quantitative Products at Pexapark shared their experience of successful hydrogen projects.
Another discussion point was the RePowerEU plan, its effects on the RED 2 and what sort of legal background the industry requires to build and operate the necessary infrastructure and what conditions are needed for a European hydrogen economy to develop.
Earlier in the same month, on 2 June 2022, Austria presented its new hydrogen strategy based on four pillars: Climate Neutral Hydrogen, Efficient and Focused Hydrogen Use, Hydrogen Infrastructure and International Partnerships.