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Russia plans hydrogen exports to Asia – Rosatom | Russia plans hydrogen exports to Asia – Rosatom |
(about 7 hours later) | |
Supplies of the cleaner alternative to fossils fuels could reportedly start in five years | |
Russia could start supplying hydrogen to the global market by the end of this decade, with potential consumers primarily in Asia, state-run corporation Rosatom has announced. | Russia could start supplying hydrogen to the global market by the end of this decade, with potential consumers primarily in Asia, state-run corporation Rosatom has announced. |
Hydrogen is widely seen as a future clean energy source which could be used to generate electricity, power vehicles and industry, and heat homes. | Hydrogen is widely seen as a future clean energy source which could be used to generate electricity, power vehicles and industry, and heat homes. |
“For Rosatom, hydrogen energy is a priority area,” the president of the Rusatom Overseas subsidiary, Evgeny Pakermanov, told RIA Novosti in an interview. | “For Rosatom, hydrogen energy is a priority area,” the president of the Rusatom Overseas subsidiary, Evgeny Pakermanov, told RIA Novosti in an interview. |
According to Pakermanov, Rosatom is developing technologies for the production, transportation, and consumption of hydrogen. The corporation has been rolling out pilot projects in Russia to set up a model for efficient handling of the fuel, he added. | According to Pakermanov, Rosatom is developing technologies for the production, transportation, and consumption of hydrogen. The corporation has been rolling out pilot projects in Russia to set up a model for efficient handling of the fuel, he added. |
“We have a project to create large-scale hydrogen production on Sakhalin. And we plan to do it in a shorter period of time. Over the next five years. The project will be focused on both domestic consumption and export,” Pakermanov noted. | “We have a project to create large-scale hydrogen production on Sakhalin. And we plan to do it in a shorter period of time. Over the next five years. The project will be focused on both domestic consumption and export,” Pakermanov noted. |
He added that potential export destinations are primarily Asian countries where strong consumption is predicted, including China, South Korea, and Japan. | He added that potential export destinations are primarily Asian countries where strong consumption is predicted, including China, South Korea, and Japan. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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