Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Scrutiny of EU Legislative Proposals - Net Zero Industry Act
Ms Gillian Kinsella:
To add to that from a hydrogen prospective, we see the need for supports to be considered across the board. As we scale this sector, we would expect economies of scale, and the sector to stand on its own and not need a support. However, it is a nascent sector and we will need supports in the short term to kick-start the market. That should focus on the various different elements of the hydrogen value chain, not only production as I mentioned earlier on, and the European Hydrogen Bank, but right through to transport, storage and end use as well. I stress the importance of storage in that context. Hydrogen can be stored over long periods of time, even for days, weeks, or months which is really beneficial. From the point of view of times when we have periods of low wind and low solar, we need power generation in the market to meet demand. Hydrogen can be stored for long periods of time and then backed up and used in power generation. Having a framework in place which supports that would be really beneficial in order to support the market.
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