A recent study from Frederick University's H2Zero research unit suggests the Eastern Mediterranean could become a significant hub for hydrogen production and export. The study, which used a mathematical forecasting model, highlights the potential for natural gas to serve as a sustainable transitional fuel in the region's shift toward a decarbonized energy system. This transition would be achieved by combining natural gas reforming with hydrogen production and integrating renewable energy sources.  The forecast for Cyprus is particularly promising. Its natural gas production is projected to grow from six billion cubic meters in 2026 to a peak of ten billion by 2035. This would allow for the production of over four billion kilograms of hydrogen by 2050 through natural gas reforming. On a broader scale, the study indicates that the region's vast natural gas reserves of 2.399 trillion cubic meters could support the production of up to 40.7 billion kilograms of hydrogen by 2050. This output could reach an annual maximum of 2.4 billion kilograms by 2041, solidifying the Eastern Mediterranean as a key supplier for European hydrogen markets.  The study underscores the importance of regional cooperation and strategic investments. Coordinated regional strategies and immediate investment in hydrogen infrastructure are essential for maximizing the region’s hydrogen production potential. The research unit's head, Professor Andreas Poullikkas, emphasized that working together could multiply hydrogen production tenfold compared to countries acting alone.  Beyond environmental benefits, the economic impact is projected to be substantial. A full-scale regional rollout could generate annual export revenues of $15 billion to $25 billion. The project could also create 25,000 to 40,000 jobs in construction and 8,000 to 12,000 permanent positions, contributing three to five percent to annual GDP growth. This transition is seen as a crucial step for achieving climate goals, ensuring long-term energy security for the region and Europe, and establishing the Eastern Mediterranean as a leader in sustainable energy innovation. (ICE BEIRUT)

Fonte notizia: Cyprus Mail