Page 13 - AsianOil Week 39
P. 13

AsianOil                     NEWSBASE’S ROUNDUP GLOBAL (NRG)                                        AsianOil




































       The blue-green future





       Energy consumers and producers are evaluating how the arrival of hydrogen as a

       mainstream source of fuel will affect their environmental, political and financial goals


        GLOBAL           WELCOME the latest edition of NewsBase’s  does not produce any on-site carbon emissions
                         Roundup Global (NRG), in which our team of  when consumed in a power plant.
                         international editors reviews how the adoption   At the moment, however, blue hydrogen is
                         of hydrogen is progresssing in their regional  the more cost-effective of the two options, which
                         beats. Get the NRG Oil & Gas Editor’s Picks to  could well buy proponents of gas-based produc-
                         your inbox every week for free. Just sign up here.  tion enough time to prove CCS’ ability to offset
                                                              the associated emissions.
                         THE world’s largest energy consumers and pro-
                         ducers have begun to evaluate how the emer-  REM: Support for blue hydrogen
                         gence of hydrogen as a mainstream alternative  The International Energy Agency (EIA) has
                         to hydrocarbons will affect their economies.  identified blue hydrogen, produced from natu-
                           A growing wave of governments and compa-  ral gas and coal using carbon capture and under-
                         nies are committing to carbon neutrality within  ground storage (CCUS) technology, as a major
                         the next 30 years, with many banking on hydro-  tool for decarbonising the global economy over
                         gen becoming a major source of clean energy  the next 50 years.
                         supply within that timeframe. With the world’s   In its latest technology report on CCUS, the
                         major economies actively seeking to reduce their  body identified that blue hydrogen could sup-
                         emissions, oil and gas producers find themselves  port a rapid scaling up of low-carbon hydrogen
                         faced with a very uncertain future.  production to meet current and future demand
                           As such, more and more gas producers and  from new applications in transport, industry and
                         exporters are beginning to tout the economic and  buildings.
                         environmental viability of blue hydrogen coupled   Blue hydrogen would help governments and
                         with carbon capture and storage (CCS) technol-  industry reduce their CO2 emissions and meet
                         ogy. Climate activists, on the other hand, argue that  the Paris Agreement climate targets.
                         green hydrogen represents the only realistic path   IEA executive director Fatih Birol said that
                         towards carbon neutrality. Blue hydrogen is pro-  CCUS was “critical” in the transition from fossil
                         duced from gas using steam methane reforming,  fuels to cleaner energy alternatives. “Without it,
                         while green hydrogen is produced from renewable  our energy and climate goals will become virtu-
                         energy using electrolysis.           ally impossible to reach,” he said.
                           In both production processes hydrogen is   CCUS technology, which is central to the
                         combined with nitrogen to form ammonia to  production of blue hydrogen, can offer a cost-ef-
                         enable it to be shipped as a liquid. Ammonia  fective pathway for producing low-carbon



       Week 39   01•October•2020                www. NEWSBASE .com                                             P13
   8   9   10   11   12   13   14   15   16   17   18