BARCELONA (ICIS)--Hydrogen could play a key role in lowering the chemical industry’s carbon footprint thanks to use of renewable energy and carbon storage.
- Hydrogen could become important for low carbon chemical production;
- Grey hydrogen uses natural gas as a feedstock and is very carbon-intensive;
- Blue hydrogen uses natural gas but stores carbon dioxide;
- Green hydrogen uses renewable energy to extract hydrogen from water – zero emissions;
- BASF, Solvay, Evonik leading in Europe;
- EU Green Deal, Joe Biden may push hydrogen;
- Converting hydrogen to ammonia makes it easy to transport;
- Force majeures, outages caused by lack of plant maintenance;
- Global supply chains not fit for purpose;
- China’s “two sessions” have major implications for chemicals; and
- China’s dual circulation policy aims to reduce debt reliance.
Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.
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