Karolina Lewandowska’s Post

Are you caught up with our Hydrogen Compass - November edition? October proved to be a challenging month for the European #hydrogen market. Developers continued to vocalise their concerns, several major projects were cancelled, and ambitions were scaled back. #Developers are struggling to create viable business cases, with costs escalating and offtakers withdrawing from projects. While setbacks are currently more prevalent, government support is still providing hope for the sector’s potential. This month, we explore some of these key challenges and examine the measures in place to ensure continued progress: https://lnkd.in/dnrXznkp Jun Sasamura

Embracing the Power of Hydrogen: Navigating the Energy Transition!   Economic Realities: While green hydrogen holds promise, its high production costs compared to grey hydrogen present a challenge. However, punitive measures to promote green hydrogen adoption risk further overload consumers, necessitating a balanced approach to ensure affordability.   Efficiency Dilemma: The efficiency of hydrogen as a clean energy solution depends heavily on the development of a robust transportation infrastructure. Without it, the potential for widespread adoption and availability is limited, underscoring the need for strategic investment and planning.   Regulation's Role: Effective regulation is pivotal in guiding the energy transition. However, punitive measures run the risk of choking innovation and obstructing sustainable development. Instead, regulations should incentivize industry growth while prioritizing affordability for consumers.   Global Impact: The pursuit of a net-zero carbon future must not come at the expense of affordability. As nations navigate their positions on the developmental spectrum, it's imperative that clean energy solutions are accessible to all in a fair competitive environment.   In this quest for a greener future, we should keep a spotlight on affordability.   #Hydrogen #EnergyTransition #AffordableEnergy #SustainableDevelopment  #CleanEnergyForAll #EuropeanCommission #EuropeanHydrogenBank

Green Hydrogen Organisation - GH2 published a report titled 𝗞𝗲𝘆 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗴𝗿𝗲𝗲𝗻 𝗵𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗼𝗳𝗳𝘁𝗮𝗸𝗲 𝗮𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀 The following are the 𝐊𝐞𝐲 𝐏𝐨𝐢𝐧𝐭𝐬: 𝟏)    𝐑𝐨𝐥𝐞 𝐨𝐟 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧: Low-carbon and green hydrogen sectors are expected to become significant contributors to a carbon-neutral energy system beyond 2040, particularly in sectors where electrification is limited, such as heavy industry, chemicals, and long-haul transportation. 𝟐)    𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞: The green hydrogen sector faces a "chicken-or-egg" scenario due to the lack of established offtake agreements (contracts for purchase, storage, and supply). Only 10% of the planned clean hydrogen projects by 2030 have secured buyers, creating a barrier to large-scale project development. 𝟑)    𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐩𝐩𝐞𝐭𝐢𝐭𝐞: There is a growing interest in investing in green hydrogen projects. Governments, project developers, and financiers are motivated to participate in the hydrogen economy, with funding processes often being oversubscribed. 𝟒)    𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐎𝐟𝐟𝐭𝐚𝐤𝐞 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭𝐬: To make projects commercially viable, hydrogen offtake agreements must balance the interests of producers, consumers, funders, and investors. They play a crucial role in reducing risks, bridging the supply-demand gap, and supporting the growth of the green hydrogen market. 𝟓)    𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦𝐬: Financial incentives, contracts for difference, demand targets, and other mechanisms are essential to address the price gap between green hydrogen and fossil fuels, promoting a more sustainable energy transition. 𝟔)    𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: Various government-led schemes, like contract-for-difference mechanisms, are being established worldwide to encourage investment in hydrogen projects and create a robust market infrastructure. #GreenHydrogen #LowCarbon #CleanEnergy #SustainableFuture #Decarbonization #EnergyTransition #HydrogenEconomy #ClimateAction #RenewableEnergy #NetZero2050 #HydrogenStorage #HydrogenProduction #CarbonNeutral #HydrogenMarket #HydrogenInvestment #OfftakeAgreements #HydrogenTechnology #GreenIndustry #EnergyInnovation #ZeroEmissions

Green Hydrogen Organisation - GH2 published a report titled 𝗞𝗲𝘆 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗴𝗿𝗲𝗲𝗻 𝗵𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗼𝗳𝗳𝘁𝗮𝗸𝗲 𝗮𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀 The following are the 𝐊𝐞𝐲 𝐏𝐨𝐢𝐧𝐭𝐬: 𝟏)    𝐑𝐨𝐥𝐞 𝐨𝐟 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧: Low-carbon and green hydrogen sectors are expected to become significant contributors to a carbon-neutral energy system beyond 2040, particularly in sectors where electrification is limited, such as heavy industry, chemicals, and long-haul transportation. 𝟐)    𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞: The green hydrogen sector faces a "chicken-or-egg" scenario due to the lack of established offtake agreements (contracts for purchase, storage, and supply). Only 10% of the planned clean hydrogen projects by 2030 have secured buyers, creating a barrier to large-scale project development. 𝟑)    𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐩𝐩𝐞𝐭𝐢𝐭𝐞: There is a growing interest in investing in green hydrogen projects. Governments, project developers, and financiers are motivated to participate in the hydrogen economy, with funding processes often being oversubscribed. 𝟒)    𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐎𝐟𝐟𝐭𝐚𝐤𝐞 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭𝐬: To make projects commercially viable, hydrogen offtake agreements must balance the interests of producers, consumers, funders, and investors. They play a crucial role in reducing risks, bridging the supply-demand gap, and supporting the growth of the green hydrogen market. 𝟓)    𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦𝐬: Financial incentives, contracts for difference, demand targets, and other mechanisms are essential to address the price gap between green hydrogen and fossil fuels, promoting a more sustainable energy transition. 𝟔)    𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: Various government-led schemes, like contract-for-difference mechanisms, are being established worldwide to encourage investment in hydrogen projects and create a robust market infrastructure. #GreenHydrogen #LowCarbon #CleanEnergy #SustainableFuture #Decarbonization #EnergyTransition #HydrogenEconomy #ClimateAction #RenewableEnergy #NetZero2050 #HydrogenStorage #HydrogenProduction #CarbonNeutral #HydrogenMarket #HydrogenInvestment #OfftakeAgreements #HydrogenTechnology #GreenIndustry #EnergyInnovation #ZeroEmissions

Green hydrogen

I am attending the Carbon Capture Technology/Hydrogen Technology Expo in Houston this week and looking forward to what I hear from industry players on the Green Hydrogen/Blue Hydrogen debate. ✅ Clean hydrogen has the potential to decarbonize hard to abate sectors like steel, cement and shipping. ✅ By 2030, the United States is expected to become the world's largest clean hydrogen producer. However, blue hydrogen will account for 75% of that and the remainder will be green hydrogen (generated using carbon-free electricity). ✅ Blue hydrogen generates emissions and will use carbon capture technology. ✅ Green hydrogen is obviously better but the economics will have to drive the market direction. #decarbonization #greenhydrogen #bluehydrogen #naturalgas #ghg #ccus

Hydrogen production will continue to increase as the result of this new funding opportunity.

The Saarland steel industry has initiated a tender for 50,000 tonnes of green hydrogen, signaling a significant step towards decarbonizing its operations. This move underscores the industry's commitment to sustainable practices and reducing carbon emissions. Green hydrogen, produced through renewable energy sources, is gaining momentum as a clean alternative in various sectors. The tender not only demonstrates the steel industry's eagerness to embrace green technologies but also presents an opportunity for suppliers to contribute to the transition towards a more sustainable future. This initiative highlights the growing demand and importance of green hydrogen in industrial applications.

National Hydrogen Strategy 3. Regional Hydrogen Hubs The government has committed over $500 million to develop hydrogen hubs in regions like Pilbara, Kwinana, Hunter Valley, Bell Bay, Central Queensland, Townsville, and Port Bonython. These hubs aim to create concentrated areas of hydrogen production and usage, fostering local industry and infrastructure Australia’s Hydrogen Industrial Strategy https://lnkd.in/g2Aq_VYr https://lnkd.in/giqvqfYm #SiriusJet #SustainableAviation #HydrogenPower #GreenRevolution #ZeroEmissions #EcoInnovation #FlyGreen #FutureOfTravel #CleanEnergy #GreenFuture #EnvironmentalStewardship #InnovativeAviation #ClimateAction #AviationSustainability

Green Hydrogen is key to energy transition to net zero.