• 2 minutes Rational analysis of CV19 from Harvard Medical School
  • 4 minutes While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network
  • 7 minutes Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas
  • 5 hours China wields coronavirus to nationalize American-owned carmaker
  • 15 mins Joe Biden the "Archie Bunker" of the left selects Kamala Harris for VP . . . . . . Does she help the campaign ?
  • 15 hours Open letter from Politico about US-russian relations
  • 29 mins Trump Hands Putin Major Geopolitical Victory
  • 1 day US will pay for companies to bring supply chains home from China: Kudlow - COVID-19 has highlighted the problem of relying too heavily on one country for production
  • 3 days Trumpist lies about coronavirus too bad for Facebook - BANNED!
  • 4 mins COVID&life and Vicious Circle: "Working From Home Is Not Panacea For Virus"
  • 3 days China's impending economic meltdown
  • 1 day Trump is turning USA into a 3rd world dictatorship
  • 15 hours Oil Tanker Runs Aground in Mauritius - Oil Spill
  • 2 days Liquid Air Battery
  • 2 days What the heroin industry can teach us about solar power (BBC)
  • 3 days The Truth about Chinese and Indian Engineering
Energy Giants Race For 'Green Hydrogen' Market Share

Energy Giants Race For 'Green Hydrogen' Market Share

Renewables-minded utilities and big oil…

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Russian Gas Giant Gazprom To Start Producing Clean Hydrogen

Russia’s gas giant Gazprom will start producing “clean”, that is, zero-emission, hydrogen beginning in 2024 under a new government plan to develop a hydrogen economy.

The plan sees Gazprom building and beginning to test a methane-hydrogen-powered turbine next year, and until 2024 it will also study different applications of hydrogen as a fuel, both in things such as gas boilers and gas turbines, and as fuel for vehicles.

Gazprom will not be the only one involved in the hydrogen drive. Rosatom, the country’s nuclear power major, will start testing hydrogen as fuel for trains in 2024. Russia’s largest private gas company, Novatek, is also interested in taking part in the hydrogen initiatives.

The government plan that contains all these plans is a road map for a future in which hydrogen will feature more heavily in Russia’s export mix, in response to changing attitudes to oil and gas in many parts of the world that happen to be big energy markets.

With Russia vulnerable to such attitude changes, being one of the largest oil and gas exporters globally, it seems it was high time it joined the global hydrogen trend. For now, there are few details about the road map, which is being discussed in government.

In addition to the names of the first companies to start working in hydrogen projects, the roadmap recommends that the government comes up with a concept for the development of Russia’s hydrogen sector by the end of the year, along with incentives for pilot projects involving hydrogen.

Starting next year, the government must also come up with ways to incentivize exporters of hydrogen as well as buyers of the fuel on the domestic market, Russian media report.

Hydrogen is the up-and-coming fuel on the global energy market. As hydrogen production technologies develop making the process cheaper and cheaper, the Hydrogen Council expects that by 2050, hydrogen could come to account for some 18 percent of global energy consumption.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment
  • Jonas Olsson on July 24 2020 said:
    It is very Russian in a way, when everyone has tried and given up on hydrogen, Russia steps in.
    Communism will always fail in the long run.
  • George Kafantaris on July 24 2020 said:
    With Russia getting involved in hydrogen production, the price per kilogram should drop dramatically. This will help Russia as well as the hydrogen economy the world over. Remember, to get things started we will take hydrogen anyway we can get it.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News