About the event
Date: Tuesday 10 May 2022
Time: 09:00AM - 10:15 AM CST
COP26 has been a driving force for industry to decarbonize at a needed pace never-before seen. From reducing the emissions associated with the production of hydrogen for existing applications, utilizing hydrogen as an energy carrier for industrial feedstock, to adopting hydrogen as a low-carbon technology option, hydrogen has a significant role to play within the energy sector. Indeed, top independent oil and gas companies (IOCs) and national oil and gas companies (NOCs) are already optimizing operations and sustainable designs, offsetting carbon, and expanding their low carbon-intensity businesses. It is expected that hydrogen will be widely used across various industries by 2050.
To be sure, the EIC is currently tracking 334 hydrogen projects globally, with an anticipated CAPEX of US$352bn. Looking at the North American market alone, hydrogen projects – including green, blue and other color variations – account for approximately US$24bn across 41 projects.
As we move forward in a post COP26 environment, hydrogen strategies will continue to be developed and released; these are both domestic and export focused geographies such as Australia, the Netherlands, Germany, the USA, and England UK.? Top Operators include CWP Global, Aqua Aerem, Intercontinental Energy, Total Energies, Hyphen Hydrogen Energy, DEPA and Fortescue Future Industries. We will see some new energy players emerge in the global market, and further project announcements across the hydrogen hues - we should begin toget a clearer line of sight of the pipeline of opportunities globally within the next three-to-five years? However, although there is a significant growth potential, the question must be asked if we have a supply chain ready with both the capability and capacity, and the quality to meet a growing demand.
Within the hydrogen landscape, there are several challenges industry faces in achieving at-scale use and deployment.
Join the EIC, its event partner LRQA, and a panel of esteemed speakers as we address the challenges of technology and supply chain, regulation and standards, and needed stakeholder engagement.
Speaker
