Hydrogen key to energy transition, but challenges remain
IPE Real Assets 18/09/2023
"(...) Buddenbaum joined panel members Robert Arnold, sustainability research director at EDHEC-Risk Climate Impact Institute, Tom Houghton, partner at ERM, and Art Pithayachariyakul, Sustainable Energies principal at CPP Investments.
Hydrogen is a versatile tool for decarbonising the energy system, but its role will vary depending on a country’s existing infrastructure, Arnold said, countries with well-developed gas and oil infrastructure, such as the Netherlands and the UK, are in a good position to deploy hydrogen for a variety of uses. Countries with less developed infrastructure may need to focus on more specific applications, such as synthetic fuels or the chemical industry.
”The growth of the hydrogen market will depend on whether it is supply-driven or demand-driven.” Blue hydrogen, which is produced from natural gas using carbon capture and storage, is a relatively early and high-volume source of hydrogen. However, it is not possible to produce blue hydrogen everywhere in the world, he added.
Arnold said investors must carefully consider where to direct their investments in the hydrogen sector, given the many possibilities and the varying strengths of different locations. “I think in some ways hydrogen is a victim of its own potential success and versatility that you have so many possibilities at the moment,” he said. “But actually, it’s trying to identify where those possibilities play out and what the strengths are in different locations that will define where you’re going to put your money (...)"
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IPE RA & Infra Conference: Hydrogen key to energy transition, but challenges remain, 18/09/2023
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Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
