4Pilot Projects Decarbonization in Action

Boosts and Barriers

Dr Hans Dieter Vice President - Hydrogen Worley

Boosts and Barriers for Decarbonization

Governments, developers, investors, suppliers, engineers, researchers, traders, off-takers, and societies, need to cooperate

Dr. Dieter noted that Hydrogen has the ability to reach industrial sectors and areas where green electricity is unable to currently. There are many projects happening globally that will allow for the needed learning and faster ramp-up.

Europe leads the way in green hydrogen projects but will scale up post-2025. With 70 percent of capital investment costs going to wind and solar electricity for projects, this high level of investment costs is the biggest roadblock.

He indicated that by concentrating on renewable electricity to stabilize current and new projects coming and feed green energy into the grid, great opportunities exist there. Collaboration was key to achieving this.

Takeaway Points

Europe: 30% of Renewable Energy connected to the grid – took 20 years

Focus on decarbonizing the transport sector

Focus on supplying Green Hydrogen fuel to heavy car fleets

Look at heating sector