Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Renewable H2 cost reduction on the path to carbon neutrality

-Anthresia McWashington 

The final day of Gulf Energy Information’s First Element Conference began with a keynote session focused on ramping up the transition to carbon neutrality with renewable hydrogen. Caroline Hillegeer, Chief Commercial Officer, Engie, shared how the company’s strategy of developing green hydrogen in favorable locations has driven production, and consequently, begun to lower costs.  

“In a project in the South of France, we have developed an industrial-scale green hydrogen facility to support the decarbonization of a refinery. We offered decarbonization solutions for the economy starting from the refinery, but also from mobility, and other end users, said Hillegeer. “We anticipate European and international connections thanks to the Port of Fos, and the future import and export possibilities. And, at the same time, in the ecosystem, we also created a hydrogen industrial safety center of expertise. it’s really a regional type of approach, building this ecosystem and creating value for the local territory, the industry and beyond.” 

Bridging the competitiveness gap between green hydrogen and grey hydrogen is one of the main challenges facing this approach, but Hillegeer said the company strongly believes that this gap is temporary, provided that present-day investments are made on a large scale, and that projects receive the necessary legislative, regulatory and financial support to allow this deployment. 

“Consensus of international experts such as the Hydrogen Council and the International Energy Agency announced that this gap and competitiveness could be eliminated as early as 2030, in certain occasions, even before, thanks to the reduction of the production cost of renewable electricity, as well as productivity gains that could be achieved on the technology partthanks to massification and eventually new technologies,” said Hillegeer. 

“In the last five years the CAPEX of the electrolyzer has fallen by 40-50%, mainly due to scale and improved production costs. What is really essential for this success is the synchronization of all efforts.” 

Teaming up with local players in the development of renewable hydrogen at other favorable sites, a model similar to the one Engie has implemented at its South France site, is a key step on the path to green hydrogen cost reduction. Hillegeer added that growing demand for green hydrogen in sectors such as ammonia production, chemicals, mining, maritime and chemicals will also lead to hydrogen price optimization.  

Register for First Element to access this and other presentations covering the hydrogen sector on-demand! 


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
Worldwide, small-scale LNG liquefaction capacity is expected to expand by 30% over the next 4 yr, increasing from 33.9 MMtpy in 2021 to 43.92 MMtpy in 2025.
Industry Focus: LPG sector poised for sustainable fuel transformation
-Gordon Feller
Like virtually all industries, the liquified petroleum gas (LPG) sector was challenged by the COVID-19 pandemic throughout 2020.


Throughput optimization for pipelines and gas plants

Register Now

Many processes within oil and gas pipelines and processing plants depend on maintaining specific temperatures and pressures at which the process fluids are liquids or gases. In addition, anytime water is a component in the process fluid hydrates can form and plug piping and vessels. Learn how Sensia’s Throughput optimization solution allows operators, and control systems to “see inside” the process in real time to understand where the facility is operating with respect to critical physical constants, including the phase envelope and hydrate temperature. This insight allows for more stable operation, reduced energy expenditure and associated emissions, and greater facility throughput. Case studies will include controlling methanol injection, managing heaters, virtual sensors for sulfur recovery units and more.

April 1, 2021 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2021 Gulf Publishing Holdings LLC.