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Executive summary of the hydrogen economy
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Hydrogen investment pipeline has grown to $500bn says new Hydrogen Council report
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Racing for hydrogen: How gas giants are vying to stay relevant
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Clean hydrogen could meet a quarter of the world’s energy needs by 2050
July 3, 2021
The global gas industry is in an existential race: either find a way to be part of the next generation of energy or risk getting supplanted by alternatives.
BP, Sinopec, Equinor ASA and Royal Dutch Shell are among the producers looking to hydrogen to help secure demand that otherwise may falter as decarbonisation speeds up. They want to utilise existing pipelines, storage tankers and fuel supply to make blue hydrogen, a process that uses natural gas but captures the carbon emissions and stores them.