Russia to develop hydrogen energy program

Sep 3, 2019 – Russia‘s Energy Ministry has discussed the use of hydrogen as fuel with representatives of local research centers and national companies including gas giant Gazprom, industrial holding Rostec, nuclear company Rosatom and petrochemical Sibur, Vedomosti business daily reported quoting two people who visited the meeting and the ministry’s representative.

It was the first time the issue was discussed at the government level in this country, the sources said.

“The govenment has decided to design a hydrogen energy development program,” the person also quoted Deputy Minister Pavel Sorokin as saying.

Russia will need USD2.2-3.9 bln of investment to form the hydrogen energy industry by 2025-2035 that will bring USD1.7-3.1 bln of income annually, and the global market will reach USD26 bln by the time, EnergyNet said in a report.