In Utah, vast underground salt caverns will be used to store hydrogen for later use.Transitioning from coal to cleaner energy has been an essential and ongoing conversation for the industry in recent years, especially as the price of natural gas has remained low and renewables have become more pervasive. We’ve made considerable progress, but we can – and should – do more to realize our goal of a decarbonized energy grid.
Collaboration between policymakers, investors, industry and suppliers, all working toward the same goal, makes us optimistic. The second phase consists of replacing natural gas with renewables and a mixture of short and long-duration storage of renewable energy sources, such as wind and solar. Lithium ion batteries will undoubtedly be part of the short-duration storage solution; and hydrogen will be important to unlocking long-duration storage.
The flow of money to advance technology such as green hydrogen is notable, but we should not overlook the green assets that already exist.
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