Abstract
Hydrogen energy is still at an early stage of development: Nevertheless, national and international strategies are used to boost its development by all kinds of incentives, subsidies, tax instruments and R&D financing of pilot projects in order to achieve the main goals: decarbonization of the energy sector, ensuring the reliability of supply of energy systems. The technical capabilities of decarbonization are still coexisting with high production costs, difficulties in storing and delivering hydrogen to consumers. Shift to hydrogen economy is not possible without thorough consideration of policies at different levels as well as technological advances. In this article the author analyses current situation of Russian hydrogen economics from strategic and technological point of view. The main agenda-setting documents and contributors in the field of technical deployment of hydrogen projects have been analyzed by applying content-analysis. Main policy implications and recommendations have also been given.
Highlights
Reducing the greenhouse effect has become one of the highlights of the global energy agenda, if not the most important
Emerging global hydrogen market will compete with the hydrocarbon market in which the positions of Russia seem unshakable
Hydrogen energy is becoming an important component of the energy complex at first on a local scale, but it can expand significantly due to transportation through pipelines, replacing traditional gas or using it as a resource
Summary
Reducing the greenhouse effect has become one of the highlights of the global energy agenda, if not the most important. In 2017, as a result of titanic efforts and colossal capital investments, it was possible to increase the share of renewable electricity in the energy sector to 25%, but this success did not practically affect the amount of carbon dioxide emissions in the world (Balashova et al, 2020). This is because energy is responsible for only 40% of global CO2 emissions, while reducing the remaining 60% is a commitment from other sectors, mainly transport, construction, industry and utilities. Salnikova: Hydrogen Economy as a Driver of Synergetic Technological Development: Policy and Application Evidence from Russia
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More From: International Journal of Energy Economics and Policy
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