Energy Evolution
UK hydrogen’s blue vision
Apr 22, 2021
The podcast delves into the UK's hydrogen landscape, comparing fossil-based and renewable production. They discuss the rise of blue hydrogen capacity, cost calculations for production, and the growth potential in the UK market. Insights are shared on carbon intensity metrics and the push for renewable hydrogen prices to decrease.
21:33
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Quick takeaways
- UK emphasizes blue hydrogen with CCS for scale and value.
- Hydrogen market development projected to include spot market and regionalized activities.
Deep dives
Global Excitement Around Hydrogen Adoption
Across 2020 and the first quarter of 2021, there has been a significant global interest in using hydrogen to decarbonize challenging sectors. National hydrogen adoption strategies have been introduced by governments representing 70% of the global GDP. These strategies provide a foundation for market development and offer investors the needed certainty and government support. The pipeline of low carbon hydrogen production capacity set to come online by 2030 has increased by almost 350%, with electrolyzers for renewable hydrogen production being more deployed than fossil-based production.
