2 weeks Ago By itaizul0011
Digital levers for enhancing and accelerating the development of low-carbon hydrogen – Capgemini Delivering greater value from your low-carbon hydrogen assets by using better asset information to improve investment decisions and operations. The low-carbon hydrogen economy has made significant progress in recent years, with demand projected to grow massively to 38 Mt by 2030. However, major challenges stand in the way of widespread deployment, with only a fraction of announced projects currently in the final investment decision (FID) or construction phase.
This is primarily a budget issue: the production cost of low-carbon hydrogen ranges from €6-9/kg versus €1.5-3/kg for hydrogen from natural gas reforming. The steep levelized cost of hydrogen (LCOH) for low-carbon hydrogen produced via electrolysis is caused by several factors, including power costs, equipment costs, and operational expenses.
Fortunately, a growing number of projects are advancing into the early stages of development, with asset developers actively seeking ways to mitigate costs. Digitalization is emerging as a key strategy to support these developers and the wider low-carbon hydrogen ecosystem. Siemens and Capgemini have analyzed digital solutions and identified specific levers to lower LCOH.
This approach, designed to assist project developers, operators, and asset managers, addresses challenges across various stages of a low-carbon hydrogen project. The approach encompasses: The collaboration aims to drive the hydrogen economy forward, supporting the development of sustainable fuels and decarbonization across various sectors. In our joint white paper, we delve into the digital levers that can reduce the LCOH, focusing on hydrogen production – particularly in the context of electrolysis.
the latest news shaping the hydrogen market at Digital levers for enhancing and accelerating the development of low-carbon hydrogen – Capgemini, German Top Official Slams Norway for Axing Hydrogen Pipeline (Bloomberg) — A top German government official criticized Norway for giving up on a bilateral hydrogen pipeline project that was key for cleaning up the...
Stationary Fuel Cells on Track for Record-Breaking Year, Surpassing 2023 Milestone The need for decentralised prime power continues to drive demand LONDON, Sept. 26, 2024 /PRNewswire/ — The pace of deployment of..
. Vortex Energy Retrieves 279 Meters Of Core Containing Visible Salt Mineralization From The Robinsons River Salt Project – holding 250,000 tonnes of hydrogen in more than 25 caverns Vortex Energy Corp. (CSE: VRTX |.
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