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Petru Rușeț, Siemens: We can cover the transition to hydrogen at any time

16 March 2021
Electricity
Bogdan Tudorache

The discussion about taxonomy is extremely important. There are intense negotiations that have been going on for months in Brussels, and some extremely important steps have been taken to allow gas to become a transitional fuel – and this is Romania’s chance, says Petru Rușeț, Managing Director Siemens Energy Romania.

“I think this is a chance for Romania. We have considerable reserves of gas in the Black Sea and those we exploit already onshore; that will help the energy sector to be able to get through this transition period”, said Petru Rușeț, during the conference “Decarbonization: How fast? Where to?”, organized by Energynomics. Very important in taxonomy, gas projects could fall under the umbrella of European funding, but the emissions are designed for the entire life of a project – i.e. 10-15 years. “It is clear that in the middle of the operation period of a gas plant, hydrogen can be used and thus emissions can be reduced further. From this perspective, all the turbines we offer in our portfolio can use hydrogen from 20% to 100%. We are talking about turbines that can ensure an energy transition on large and very large capacities. These solutions will have great opportunities if the European Parliament manages to set the taxonomy criteria at 250 gCO2 / kWh, if not even at 350 gCO2 / kWh”, Petru Rușeț added.

Siemens Energy is already involved in a European project, Rușeț added. “Siemens Energy is a consortium with Verbund and Hidroelectrica for the production of green hydrogen. We hope the Green Hydrogen @ Blue Danube project will put Romania on the map,” he said.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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