Abu Dhabi National Oil Company (ADNOC), Honeywell, Sasol, and Wood have joined the Hydrogen Council along with ten more companies – two of which are new investors, says an article published in Offshore Energy.
Journey towards a low-carbon future
Oilfield services provider Wood said that it became a steering member of the Hydrogen Council – a group of over 100 companies from over 20 countries working to ensure that hydrogen plays a key role in accelerating the energy transition and the journey towards a low-carbon future.
The initiative brings together companies from across the hydrogen value chain including energy majors, technology providers, private equity firms, and car manufacturers who all share a commitment to decarbonization.
Focusing on the green revolution
Josh Carmichael, VP of hydrogen at Wood, said: “As the global focus on the green revolution intensifies and energy demand continues to rise, hydrogen is essential if we are to meet our collective goals to decarbonize industry and transportation.
“Our membership in the Hydrogen Council is an important part of our strategy to drive new technology and solutions and collaborate with like-minded partners to help solve the unprecedented challenges we face today and tomorrow”.
The low-carbon revolution
Chief executive of Wood Robin Watson said: “At Wood, we have a long track record of delivering hydrogen projects at an industrial and commercial scale and it will be an even bigger part of our future. If carbon drove the industrial revolution, then hydrogen will underpin the low-carbon revolution we need as we aspire to shape a net-zero future”.
In a separate announcement, ADNOC stated that its competitive blue hydrogen production was enabled by its abundant and low-cost hydrocarbons, existing large-scale hydrogen and ammonia production facilities, and large carbon capture and storage capacities.
ADNOC’s plan
ADNOC added that it plans to leverage its existing hydrogen production, infrastructure, and partnership base, and vast reserves of natural gas to lead UAE’s hydrogen activities to become one of the lowest cost and largest producers of blue hydrogen in the world.
UAE’s Leadership
Ahmed Al Jaber, managing director and CEO of ADNOC, said: “With an energy transition taking place, this means that more energy is needed with fewer emissions.
“ADNOC is an early pioneer in the emerging market for hydrogen and its carrier fuels, such as blue ammonia, driving the UAE’s leadership in creating international hydrogen value chains and a local hydrogen eco-system.
“We are pleased to join the Hydrogen Council and look forward to working with its members and the secretariat to advance the use of hydrogen as a low carbon energy source”.
Eight new members
Apart from the four new members, eight new supporting members joined –
- Cellcentric,
- Howden,
- Indian Oil Corporation,
- John Cockerill,
- Komatsu,
- MAN Energy Solutions,
- Parker Hannifin Corporation, and
- TÜV SÜD.
Also, two new investors joined – Barclays and five Hydrogen. Existing member SMBCmoves from the supporting member category to the group of investors.
The new members are based across Europe, Middle East, Asia, and North America, while Sasol became the first South African company to join the council.
Hydrogen turning into a priority
Benoît Potier, chairman, and CEO of Air Liquide and co-chair of the Hydrogen Council said: “We are delighted to welcome new members to the Hydrogen Council, coming from a wide range of geographies and sectors. Their joining confirms that the interest in hydrogen is coming from across many sectors of the economy, and is turning into a priority for actors committed to energy transition”.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: OffshoreEnergy
