- European utilities plan to build power plants burning natural gas now and then switch to clean hydrogen later.
- The technology of burning hydrogen wastes energy and opens the door for greenwashing accusations.
- Hydrogen's inefficiency is a significant obstacle to achieving 100% renewable power production by 2035 in Germany.
- If natural gas plants don't transition to cleaner hydrogen fast enough, they will become hindrances to climate goals or stranded assets.
- Hydrogen's higher cost could balance out over time, but it is an expensive option.
Bloomberg — Climate — Green Hydrogen — Green — Energy — Renewable Energy
Threat of Hydrogen Greenwashing Stalks Europe’s Net Zero Plans
European utilities' plans to build power plants burning natural gas now and then switch to clean hydrogen later could lead to greenwashing accusations and hinder achieving renewable power production goals. Hydrogen's inefficiency is a significant obstacle to reaching these goals.