Energy holding DTEK will focus on the production of hydrogen using renewable energy (so called “green” hydrogen), in spite of the hydrogen manufacturing from gas or coal remains cheaper, Mr. Emanuele Volpe, the Director of Innovation DTEK stated about it during the interview for ExPro agency.
“The production of hydrogen from coal or gas is more economically reasonable than the electrolysis using renewable energy. DTEK takes care of environment that’s why the company is focusing on green hydrogen production,” he said.
According to Volpe, there are 2 types of hydrogen production from renewable energy:
“The second way takes place when TSO limits your facility, thus you can use the electricity for hydrogen synthesis. But this approach is the least economically reasonable under the current terms,” explained the Director of Innovation DTEK.
In addition, Mr. Volpe noted the profitable model of hydrogen production using renewables is under design.
“All the story about hydrogen was created for one reason. It is decarbonization. It is not important is this technology is profitable or not… There are no prepared scenarios how you should do or not in the case of hydrogen. At now, everybody is trying out and learning, including Ukraine,” he added.
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DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.
Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.
Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.
Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.
DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.