Rusatom Overseas Reports on Hydrogen Energy Prospects at International Conference on Climate Change in Vienna, Austria
11 October 2019 | Rusatom Overseas press-office

11 October 2019, Vienna – Anton Moskvin, Vice President for Marketing and Business Development at Rusatom Overseas, has made a report at the International Conference on Climate Change in Vienna where he described the role of hydrogen technologies in the global energy system. The event was held by the IAEA with support from the Nuclear Energy Agency, NEA, and the Organisation for Economic Co-operation and Development, OECD.

In his report, Anton Moskvin identified a few trends that govern global energy development today, i.e. continuous growth of power consumption, reduction of CO2 emissions, transition to clean sources of energy and raw materials for transportation and industry, and an urge to ensure energy efficiency. He also stressed that the greenhouse gas emissions indicator reached its maximum in 2018, with the energy sector accounting for 67% of all global emissions.

"Present global challenges create demand for cutting-edge solutions capable of contributing to combating climate change. One of these ‘green’ solutions alongside with nuclear energy and renewables is hydrogen, a clean, multi-purpose and environmentally friendly source of energy that leaves no carbon footprint," Anton Moskvin pointed out.

He also added that as of now, the world cannot boast of a large-scale production of hydrogen, but joint international effort taken by hydrogen champion countries will be able to address the challenge. "I am confident that nuclear energy coupled with alternative sources of energy and the new hydrogen technologies Rosatom is rapidly developing today are paving the way to a sustainable energy mix. Together with our partners, we will come to grips with hydrogen transportation and establish its global supply chain. Here, it is certainly crucial to ensure the availability of international regulations supporting this area of development," Mr. Moskvin stressed. The report also indicates that hydrogen energy will contribute to further co-operation in education and R&D and facilitate effective partnerships and business models.

As a leading player in the world’s energy market, Rosatom now has a head start and considerable capacities in hydrogen production technologies and is deeply involved in developing pilot projects for the hydrogen energy sector to demonstrate the efficiency of hydrogen supply chains in order to further participate in the making of the world’s commercial market of hydrogen.

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