Germany Bets Big On One Energy Hub To Reduce Reliance On Russian Gas

The ongoing conflict in Ukraine and the subsequent sanctions against Russia have highlighted Europe’s vulnerability when it comes to energy security. At present, the EU receives around 40% of its gas, 46% of its coal, and 30% of its oil from Russia — and has no easy substitutes if supplies are disrupted. I asked Otto Waterlander, Chief Commercial Officer at TES, how green hydrogen and green gas can both support European energy security in the face of the sanctions on Russia, while also taking a lead to support the EU meet its climate…