Decarbonising Major Industry Sectors
EU Directive driving for a 10% to 20% mix of hydrogen with natural gas for gas turbine power generation and other large power consumers.
All major process industries using SMR (Steam Methane Reforming) hydrogen today will transition to green hydrogen using electrolyser technologies producing H2 at cost parity.
EU Directive in conjunction with continuously rising CO2 tax will drive for a shift to green fuels followed by a technology shift away from combustion.
Self-sustainability of buildings will be the final goal, supported by all available technologies for green power and heat generation and storage.
Hydrogen Strategies – The Market Drivers
With Hydrogen policies approved for Europe, Germany, Portugal and Spain, Hydrogen Ventures can deliver an aggregated hydrogen solution for local authorities and industries.
Hydrogen policies approved for Europe, Germany, Portugal and Spain.
Hydrogen Ventures can deliver an aggregated hydrogen solution for local authorities and industries.
EU DIRECTIVE OBLIGES
A 10% to 20% H2 mix into gas pipes.
Commitment to help transition to green economy and geo-political supply chain security.
Now looking for renewable assets to produce green H2.
Having secured business model.
SUBSTANTIAL PROJECTS PIPELINE
Shovel ready projects.
PROFESSIONAL DEDICATED TEAM
Estimating UK Carbon Values Beyond 2050
DECC* has recently adopted a new target-consistent approach to value carbon savings to 2050. The new methodology sets the valuation of carbon at a level that is consistent with the UK Government’s domestic and international targets in the short and long term. This new methodology has replaced the previous approach based on damage cost estimates.
“… In the short term (up to 2030), different targets in the Traded (ETS) and Non Traded (non–ETS) sectors imply that emissions in the two sectors are essentially different commodities and the approach to valuing carbon needs to reflect this reality.
Beyond 2030, a fully working global carbon market is assumed implying a single carbon value for economic appraisal over the 2031-2050 period that reflects the costs required to achieve the EU long term target of limiting dangerous climate change to 2 degree centigrade …. “
* DECC presently designated as BEIS
Source: DECC Department of Energy & Climate Change; https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/48108/1_20100120165619_e____carbonvaluesbeyond2050.pdf