IRENA and Snam have signed a new partnership agreement that will look at developing green hydrogen pilot projects around the world as a means to accelerate its adoption.
Under the agreement, the two companies will cooperate to study and implement, alongside other partners, pilots’ projects based on renewables generation, transportation and the distribution of green hydrogen.
To do this, Snam and IRENA will encourage public-private partnerships to accelerate hydrogen demand on industrial scale and will also promote research and development initiatives to bring down costs and support technological developments.
Marco Alverà, CEO of Snam, said, “Our collaboration with IRENA represents an important step forward to identifying green hydrogen and biomethane as key solutions to support the energy transition and the combat to climate change.
“Hydrogen is on the cusp of happening, with costs set to fall faster than expected, pilot projects testing out its application in every sector, and policymakers the world overlooking to give this market the judicious nudge it needs.
“Within this framework agreement, Snam will contribute by leveraging on its expertise and best practices in transporting energy across its over 40,000km of pipelines as well as on its role as member the Green Hydrogen Catapult initiative, aimed at accelerating the scale of green hydrogen 50-fold in the next five years.”
Francesco La Camera, Director-General of IRENA, said, “Snam and IRENA share the vision for the delivery of green hydrogen as a key enabler for deeper decarbonisation.
“Green hydrogen could become a game-changer, providing renewable energy to end users where direct electrification is limited, such as heavy industry and heavy transport.