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Hydrogen

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:
  • "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
Market Demand
  • Broad acknowledgement the global warming problem
  • Demand for low pollution vehicular solution
Commercial: transition to new markets and products
  • 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
Investors
  • Private Equity funds no longer want to invest in oil and gas, seeking alternatives
  • Seek scalable opportunities with strong management teams
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