Germany-headed global power and gas major Uniper SE has announced that it has signed a Memorandum of Understanding (MoU) with PAO Novatek, Russia's largest independent gas producer to jointly investigate the potential for Novatek supply "blue" and "green" hydrogen to Uniper’s power stations and markets in Russia and northwest Europe.
Blue hydrogen can be produced from natural gas, accompanied by the capture and storage in geological underground formations of carbon dioxide (CO2), while green hydrogen is produced by using renewable energy.
Uniper is committed to turning the European Generation business carbon neutral by 2035. Hydrogen will play a major role in achieving these goals. Germany, like many other heavily industrialized countries, will be dependent on hydrogen imports, as the demand for hydrogen exceeds production capacities. Therefore, we are seeking worldwide cooperation and partnerships. As an already trusted supplier of natural gas, Novatek is well prepared to develop export capabilities for hydrogen, said Andreas Schierenbeck, CEO of Uniper.
