Ukraine is moving forward with a plan to leverage its vast wind and solar resources to supply Europe with green hydrogen and clean power.
Photo: With large amounts of wind and solar power in hand, Ukraine could become a green hydrogen powerhouse for the EU .
Green hydrogen from that facility will help reduce fossil fuel consumption at MOL’s sprawling Danube refinery, helping the company tidy up around the edges of its carbon footprint. “The new technology will graduallySo much for the good news. On the down side, in January the leading green hydrogen stakeholder Fortescue opined thatcan’t compete with other parts of the world on cost.
“Without global leaders finally banning Russian LNG gas, pipeline oil, closing the refining loophole and tightening the price cap policy, many nations will continue to hand over money to fuel the Kremlin’s war chest,” she pointed out. If all goes according to plan, Ukraine would also be a model for efforts in other nations. Ukraine would be “the world’s first post-war country rebuilt on renewable energy, setting a global precedent for infrastructure-centred climate actions,” Romanko concluded.
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