Renewable energy and renewable hydrogen are expected to dominate in the European Union in 2050, BTA learned from Petar Popchev, chairman of the NET-ZERO Foundation, before his participation in the international seminar of the Diplomatic Institute of the Bulgarian Ministry of Foreign Affairs on energy and climate diplomacy, which is taking place in Sofia on Monday.
"We can hardly imagine that in 2050 absolutely all cars in the European Union will be electric, and that there will be no individual industrial processes that are not based on natural gas or something else," Popchev said. However, he believes that by 2050 renewable energy sources will predominate, and this includes renewable hydrogen.
The NET-ZERO chair commented that from the very beginning, when the EU presented the green deal, it was clear that this process would lead to sharp forms of technological, resource rivalry. Furthermore, Russia's aggression against Ukraine has dramatically complicated the geopolitical and geo-economic conditions under which business can develop and the EU must conduct its energy and climate diplomacy. In his words, this has exposed the EU's "strategic myopia". Furthermore, the EU cannot compare with other global leaders such as the US and China in terms of resources. Popchev believes that the way out of this situation lies in a sharp and systematic acceleration of the Union's green policies, which is why renewables and renewable hydrogen should be placed at the centre of the new European energy system.
/RY/
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