Friday Oct 27, 2023
EVOL: The fuel of the future, and it always will be
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It’s an all-hydrogen special this week with the EVOL team digging through the ups and downs of quite how the fuel will play a part in the energy transition.
Shell has cut back its hydrogen plans, citing a sharper focus on profits. The company is shedding around 200 jobs in the low-carbon solutions business, Andy explains, highlighting some of the hydrogen challenges in particular.
Ryan spent his Thursday at a conference on hydrogen in Aberdeen. While there was some positive news of support from the government for the NZTC, the overall picture remains confused about the UK’s hydrogen future.
The UK appears to have lost some of its early lead on hydrogen, while the US and European Union appear much more committed. ITM Power opened an office in Germany this week, shortly after launching in the US.
It’s clear costs will need to come down for hydrogen, both in terms of production and transportation. ACWA Power set out an ambitious plan to liquefy hydrogen and export to the Port of Amsterdam, drawing some incredulity from one member of the EVOL team but to reach our net zero goals, the industry is going to need to try some big swings.
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