Poland is watching the development of carbon capture and storage technology CCS (Carbon Capture and Storage in Japan) with great interest, says Minister Moskwa.
“I am convinced that this agreement will encourage Japanese companies to invest in the Polish hydrogen sector, and in our part of Europe, as well as raising awareness of Poland's role as a country that is committed to international cooperation in developing zero-emission technology”, says Poland's Minister of Climate and the Environment, Anna Moskwa.
She states that the global hydrogen market would be worth $220 billion in 2028, according to forecasts.
She also says that Poland wants to play an active part in this process and leads the region in producing hydrogen. At 1.3 million tonnes a year, Poland ranks fifth in the world and third in the EU and Warsaw is "keenly interested" in Japan's work on developing carbon capture and storage (CCS) technology.
“I am convinced that hydrogen can play an important role in the just transition of European economies and will significantly reduce emissions. Already in 2021, the value of the global hydrogen economy was estimated at approximately $150 billion (€136.8 billion) and forecasts indicate an increase in this value to $220.37 billion (€201 billion) in 2028. Poland wants to actively participate in this process. Our country is already one of the countries with the highest hydrogen production capacity in the world. With an annual production of approximately 1.3 million tons, it ranks fifth in the world and third in the entire EU. We are a leader in the region,” Minister Moskwa noted.
According to her, Poland and Japan have a very similar approach to energy transition as both economies use coal and will continue to do so.
Before signing the Polish-Japanese hydrogen agreement, Moskwa and Nishimura held talks in Warsaw about decarbonization and the development of renewable sources of energy.
Polish and Japanese officials also discussed "options for cooperation in fostering innovative solutions for the growth of nuclear energy," including a project to develop a high-temperature gas-cooled reactor (HTGR) by Poland's National Center for Nuclear Research (NCBJ) in tandem with the Japan Atomic Energy Agency (JAEA), according to a statement. European Union” when it comes to producing hydrogen.
