We advise in the development of hydrogen strategies, projects and infrastructure to attain the goal of a lower carbon economy. While the ultimate objective is renewable powered green hydrogen, we believe the "commercial" market for hydrogen will evolve in four distinct phases including:
We have identified four factors that are driving the energy economy to hydrogen:
Government and Society Drivers
- "Cleaner" grey hydrogen including gas based SMR
- Blue Hydrogen including capturing of waste hydrogen streams
- Blue hydrogen, gas based SMR with carbon capture
- Green hydrogen, large scale commercial introduction of renewable powered hydrogen electrolysis
We have identified four factors that are driving the energy economy to hydrogen:
Government and Society Drivers
- Societal pressure to address global warming
- ESG pressures
- Government policies – state and federal level
- Broad acknowledgement the global warming problem
- Demand for low pollution vehicular solution
- Companies seeking to “get-ahead” of the curve
- Lower cost technology driving change: Dominion transition to a green company
- Increasing scale can now impact bottom line
- Private Equity funds no longer want to invest in oil and gas, seeking alternatives
- Seek scalable opportunities with strong management teams