Green Hydrogen Production in Slovakia as Part of the Circular Economy
The global energy system needs to perform a profound transformation to achieve the targets set by the Paris Agreement. In this context, low carbon electricity production from renewable sources, embedded with then global and national circulation economies, may become the preferred energy source. The share of electricity in all the energy consumed by end users worldwide will need to increase by 40% in 2050 to achieve the decarbonized energy world envisaged by the Paris agreement. However, the total decarbonization of specific industrial sectors, such as transport, production industry that require high–grade heat, may be difficult only be means of electrification. This challenge could be addressed by hydrogen from renewable that allows large amounts of renewable energy to be channeled from the power sector to end users. Even though Slovakia has relatively low–carbon electricity production structure, hydrogen production may represent the solution to such pressing issues as shutting down of coal power plants and mining in the Upper Nitra region and can also be the missing link in the energy transition of Slovakia and become the integrated part of the circular economy focused, among others, on decarbonization.
Circular economy, Decarbonization, Hydrogen, Value chain
Cite this paper
Štuller, P., Drábik, P.,& Vernerová, D. (2022). Green Hydrogen Production in Slovakia as Part of the Circular Economy. In: 22nd International Joint Conference Central and Eastern Europe in the Changing Business Environment. Proceedings. Oeconomica Publishing House, Praha. https://doi.org/0.18267/pr.2022.kre.2454.11