Hydrogen production market – future and opportunities

Hydrogen (H2) is considered by many the future of energy and it could replace fossil fuels as a clean combustible for transportation, stationary power and other uses.

Many countries, such as Europe, Saudi Arabia, Australia and Kazakhstan are investing substantial resources in developing technologies and solutions aimed to optimise the production of hydrogen and achieve theirs decarbonisation targets.

The UK is among the leading countries, with around 100 companies and 35 University’s groups dedicated to the development of technologies for the production of hydrogen.

There are currently three main ways to produce hydrogen:

  • Grey Hydrogen: the energy required for the electrolysis is obtained by the combustion of fossil fuels
  • Blue Hydrogen: similar to the grey type but with a system to capture the CO2 generated in the combustion (CCS), which guarantees a greener process although with higher costs.
  • Green Hydrogen: the energy required for the electrolysis is 100% obtained by renewable energies, in particular from offshore wind installations.

With this infographic, Petrofac perfectly summarises the different ways of producing hydrogen.

Another aspect to consider is that old gas platforms near the end of their working life could be refurbished and modified to produce hydrogen, using energy generated by near offshore wind farms for the electrolysis process.

Next week, the eyes of the entire world will be on COP26, the climate change conference held in Glasgow, where the hope is that significant decisions will be taken and that will positively affect the future of hydrogen.

KTS and its principals are currently supporting a series of hydrogen production projects such as a low carbon Hydrogen production facility and a green hydrogen from offshore floating wind project, both here in the UK; equipment involved includes:

For additional info about our principals’ equipment and capabilities in hydrogen production projects please contact us.

 

Hydrogen

Image by akitada31 from Pixabay

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