As international cooperation to mitigate climate change gathers pace, most European nations have adopted strategies to decarbonize their economies. It is a signal that these countries recognize the need to reduce the concentration of carbon dioxide in the atmosphere in order to limit global warming to 1.5 degrees Celsius above pre-industrial levels.

Green hydrogen is often portrayed as a key component in the green energy transition, since it is produced with renewable energy through electrolysis – the splitting up of freshwater into hydrogen and oxygen – and it does not emit carbon dioxide when combusted. Yet green hydrogen’s huge potential for the decarbonization of hard-to-abate sectors (e.g. steelmaking and production of fertilizers) as well as maritime shipping and aviation are not the only promises that it harbors. Green hydrogen’s use as an energy storage solution makes it particularly promising for remote and sparsely populated areas with an abundance of renewable energy resources such as the Norwegian Arctic.