With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage. Natural gas is the least polluting fossil fuel, which has made it a preferred “bridge” to net zero. The dependence element, however, has cast a shadow over the future of gas, and alternatives are being actively—if not desperately—sought. One of the most talked-about among these alternatives is hydrogen—an energy carrier rather than a fuel—but an element so versatile it can be used for some of the things gas is now used for, including fuel for transport and heating.In fact, according to a Goldman Sachs analyst, hydrogen could turn into a $1-trillion market in the future.“If we want to go to net-zero we can’t do it just through renewable power,” Michele DellaVigna told CNBC earlier this week. “We need something that…
