National Grid Shares its Vision for Developing the Hydrogen Economy in New York
National Grid today shared its vision for developing the hydrogen economy in New York as part of its participation in Climate Week NYC.
Hydrogen is the most abundant chemical element on earth and offers enormous potential as a source of renewable energy. And most importantly, when hydrogen is converted to useable energy in a fuel cell or burned to release its energy, the only byproduct is water vapor.
Long Island in particular is well-positioned to become a hydrogen hub, given the high energy demand in the New York City metro area and the potential to use offshore wind to produce green hydrogen, or in other words, hydrogen that is produced using zero-carbon power.
Once green hydrogen is produced, it can be used in a number of ways to decarbonize the energy system, heavy industry, transport and even heating for buildings. It can also provide long-duration storage to further enable renewable energy sources.
The coming decade will be critical in the fight against climate change, and all tools and technologies will need to be on the table to meet New York’s net zero by 2050 goal. This encompasses adding more clean energy to the grid, including solar and wind power, and exploring the potential of hydrogen.
To learn more about National Grid’s vision for developing the hydrogen economy in New York, visit nationalgrid.com/HydrogenVision.
About National Grid
National Grid (NYSE: NGG) delivers electricity and natural gas to more than 20 million people across New York and Massachusetts. We’re committed to meeting our customers’ energy needs and supporting economic growth across the regions we serve—providing safe, reliable energy today and building the resilient networks of the future. National Grid Ventures, our commercial business, develops and operates infrastructure that delivers affordable and reliable energy to consumers. National Grid Partners, our corporate investment and innovation arm, invests in and collaborates with technology companies that are transforming the energy sector and accelerating industry-wide innovation.
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