Hydrogen: From Strategy to Delivery

Key challenges shaping the hydrogen industry

Last week, Gastech and Energy Connects hosted a webinar bringing together senior executives from Baker Hughes, Siemens Energy, Technip Energies and McKinsey & Company to discuss the key challenges shaping the #hydrogen industry.

Attended by over 1000 executives and professionals from around the world, the panel surveyed the changes taking place in the industry, and the opportunities on the horizon.

Over the last six months, investment in hydrogen has taken off. According to moderator Bernd Heid, Senior Partner at McKinsey, since last year’s COP26 the number of hydrogen investments has increased by 50%, reaching $160bn worldwide.

With more than 520 projects in train, and roughly half of these at a mature stage, momentum appears to have swung behind hydrogen as a major technology in the global energy transition.

The panellists outlined, one of the key obstacles for hydrogen has been affordability – something which has become less of an issue over time due to the increase in cheap renewable power and carbon capture projects. As a result, we could well see hydrogen become competitive with other renewable technologies, and even conventional fuels.

Another major topic of discussion was where these hydrogen projects are developing. Dr. Stefan Diezinger, Head of Sustainable #Energy Systems at Siemens Energy, suggested that hydrocarbon economies will be in a strong position to ramp up hydrogen production because they already have the abundance of energy required to quickly do so. Australia, India, and the MENA region were all touted as future hydrogen hubs.

Alessandro Bresciani, Senior Vice President, Climate Technology Solutions at Baker Hughes, argued that we may also see the approach to hydrogen development change. He suggested that Europe may increasingly act collectively as a single hydrogen terminal to reduce its infrastructure and production costs, something already in development under the new EU Energy Platform.

The webinar showed that while there is plenty of debate around how the global hydrogen market will develop, the industry is taking hydrogen more seriously than ever before.

The future of hydrogen will be a major component of this year’s #Gastech Hydrogen event in Milan, 5-8 September. Bringing together policymakers, and energy leaders from around the world, Gastech will be the major forum for the industry to take stock of the changes made so far and set out a roadmap for hydrogen’s development.

The global energy landscape is changing - join us at Gastech Milan 2022: The heart of the natural gas, LNG, hydrogen, and low-carbon solutions conversation

As the global energy landscape undertakes a rapid transformation, being present at Gastech 2022 will be critical in securing the position of your business in our new energy future.

Governments and CEOs will take stock of the evolving energy landscape; assess the state of the industry post-pandemic and navigate a route to a ‘just’ energy transition whilst managing the current gas supply crisis.

Celebrating its 50th anniversary in Milan, an international centre of business with a thriving gas industry, Gastech will gather Ministers, CEOs, policy makers, business leaders, engineers, innovators and disruptors.

Ideally timed 2-months ahead of COP-27, the four-day exhibition and conference will provide a forum for exhibitors, sponsors and speakers, to showcase to a global audience, their solutions to the challenges faced on the journey to net-zero.

>> DOWNLOAD THE EVENT BROCHURE <<

About Gastech

A landmark event in the energy industry’s calendar, and the world’s largest meeting place for the global gas, LNG, hydrogen and energy value chain, Gastech 2022 will take place from 5-8 September, at Fiera Milano, Italy.

Securing the future of natural gas in the 21st century energy eco-system will be at the heart of Gastech, which will help shape the new energy paradigm for the next decade and beyond.

The underlying assumptions surrounding the energy industry are changing and we are witnessing the dawn of the net-zero industrial age. The 50th anniversary edition of Gastech will galvanize the discussions influencing the future of the gas, LNG, hydrogen and energy industry as it embraces the undoubted opportunities of an accelerating energy transformation.

Ahead of COP-27, Gastech will be in a unique position to examine the implications of the outcomes for the energy industry. Gastech Milan will enable the industry to demonstrate the changes it is making to deliver on commitments that can achieve a low to zero emissions energy mix.

>> REGISTER TO ATTEND <<

Event Name: Gastech Exhibition & Conference

Dates: 5 -8 September 2022

Event Location: Strada Statale del Sempione, 28 20017 Rho Milano

Address: Fiera Milano, Italy 5-8 September 2022

Phone: +44 (0) 20 4551 1602

Email: [email protected]

Website: https://www.gastechevent.com

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