How to Drive Down Energy Prices and Increase Clean Energy Investments: A Comprehensive Strategy for the Future. Also for Coal-Driven Powerplants!
- Hydrogenerous
- Apr 10
- 4 min read
Updated: Apr 12
In today's changing energy environment, affordable and clean energy is not just a goal; it is essential for households and businesses everywhere. The increasing costs of traditional energy sources place a heavy burden on budgets, affecting living standards and economic growth. To overcome this challenge, we need a strategic approach that embraces clean energy investments, enforces effective legal frameworks, and encourages carbon capture technology and direct carbon utilization.
The European Union can make substantial progress toward establishing a sustainable energy future by investing in the utilization of CO2 and water.
The Importance of Affordable Energy Prices
Affordable energy is key to maintaining economic stability. For instance, rising energy prices threaten the competitiveness of industries. A report highlighted that a 10% increase in energy costs can lead to a 4% decline in production levels for energy-intensive sectors. Lower energy costs directly contribute to reduced operational expenses, encouraging investment and innovation.
The Action Plan on Affordable Energy Prices suggests actionable strategies for better energy pricing. By eliminating unnecessary costs and improving market transparency, we can create a more accessible energy landscape.
Government policies that incentivize clean energy production can lessen the burden on users who rely on traditional sources. According to research, competitive energy pricing can boost economic growth, which could create hundreds of thousands of new jobs across various sectors.
Increasing the Use of Carbon Capture Technology
Carbon capture technology plays a vital role in achieving a greener energy future. It captures CO2 emissions from many industrial processes, significantly lowering the carbon footprint of energy production. For example, projects utilizing carbon capture and storage (CCS) have shown potential reductions of up to 80 to 90% in emissions from coal-fired plants.
To maximize the impact of carbon capture, we need significant investments in research and development. Recent advancements have resulted in technologies that allow for capturing and reusing carbon, making it economically viable. Collaborations between public and private sectors are necessary to build the infrastructure that supports these initiatives, such as pipelines for transporting captured CO2.
Industries adopting carbon capture not only reduce their emissions but also enhance their reputations. An independent study found that companies investing in sustainable technologies see an average boost of 15% in customer trust and satisfaction.
Investments in Clean Energy Also for Coal Driven Powerplants
The USA will reintroduce and optimize coal power plants. It may not be a bad idea; with new utilization technologies, coal power plants will be able to come far below LNG gas and blue hydrogen production emissions. Hydrogenerous stands ready to help the USA with the least possible CO2 emissions from coal plants and prove to the world that coal power plants can reach new glorious times and provide enough energy for the world's needs.
Coal-driven power plants in 2023 recorded 2509 gigawatts in Hungarian official statistics.
Per Gigawatt releases 835,000 Kg of CO2 by data estimated by IEA.ORG.
Hydrogenerous needs 3 Kg CO2 to produce 1 Kg of H2.
A Toyota Mirai runs 181.82 Km with 1 Kg of H2. This means that if I bought the Mirai, I could
drive 126,971,875,767 Km and visit you nearly 61 million times using this little car, releasing
along the way, purely water.
1 Kg og green hydrogen from Hydrogenerous production at a price far under 1 EUR or USD.
Energy Efficiency: The Key to a Sustainable Future
Energy efficiency is one of the most effective ways to reduce reliance on fossil fuels. Innovative technologies, such as advanced catalysts for green hydrogen production, are making significant advancements. For instance, Hydrogenerous technology can improve hydrogen production efficiency by more than 50 to 100% compared to conventional methods.
By adopting these technologies, we can accelerate the transition to cleaner energy sources. When carbon is repurposed into green hydrogen, it highlights our ability to use technology for sustainability.
The successful scaling of these technologies involves partnerships between research institutions, industries, and government bodies to ensure practical implementation. Investing in energy-efficient technologies not only lowers costs but also helps us embrace our responsibility to create a sustainable world.
Implementing the Legal Framework for 2030
Creating a supportive legal framework is vital for achieving clean energy goals. Initiatives like the Clean Industrial Deal and the Action Plan on Affordable Energy Prices help strengthen industrial competitiveness and reduce energy costs.
Aligning EU Member States toward common objectives fosters a unified approach to tackling energy and climate issues. Strong governance ensures accountability, directing investments and policies toward a thriving, sustainable future.
Engaging citizens in this transformation is equally important. Promoting awareness about energy efficiency and the benefits of renewable energy will encourage individuals and businesses to adopt environmentally friendly practices.
A New Vision for Energy
The road to affordable and clean energy is filled with prospects for creativity, teamwork, and sustainable progress. By pursuing strategies that lower energy prices and enhance investments in clean energy, we can secure a brighter future for all.
Effective initiatives, such as the Action Plan on Affordable Energy Prices and advancements in carbon capture technology, demonstrate a commitment to making energy more accessible while safeguarding our planet. As we journey forward, it remains vital to unite in our mission to develop an efficient, affordable, and environmentally friendly energy system.
