Hydrogen predicted to have a key role in the UK’s green growth and the future of our energy bills
26th June 2020 | Commercial Energy
Reports suggest hydrogen could meet half the country’s energy demand by 2050 and provide opportunities for suppliers to integrate more renewables. New reports have emerged claiming that hydrogen energy could be used to meet up to half the UK’s energy demand by 2050. It’s believed that this could accelerate the country’s green energy growth, and see renewables becoming the predominant energy sources for UK households.
This, alongside other news that the UK Committee on Climate Change (CCC) has called for the Government to turn the Covid-19 pandemic into an opportunity to push more green initiatives – plus Scottish Power’s ambitious new “Green Recovery” plans – suggests that the future of the country’s energy supply lies with renewables. So what does that mean for your energy bills? Well, with energy prices currently the cheapest they’ve been in three years, it makes now a very good time to run an online energy comparison website and switch to one of the best green energy suppliers – or at least and energy supplier with a bigger focus on renewables – while green tariffs are still competitive.
According to Aurora Energy Research, if the country was to invest more into the production of blue hydrogen and renewable green hydrogen, as much as 480 terawatt hours could be produced by the middle of the century. It also claimed that the fuel source would become more affordable across this time frame, as the technology involved becomes more efficient and cost-effective, and the prices of gas inevitably rises.
Further to this, the company claims that using hydrogen fuels would help to integrate more renewables into the UK’s power system. This is because it could be used instead of fossil fuels, particularly during peak winter months when there’s often a need for more flexible usage of coal and gas alongside renewables. This could then lead to a notable change in the nation’s typical household tariffs and energy bills.
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