Climate Rising How Green Hydrogen can Decarbonize Hard-to-Abate Sectors
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Dec 6, 2023 Jacob Susman, CEO and co-founder of Ambient Fuels, discusses how green hydrogen can decarbonize hard-to-abate sectors. He highlights the role of renewable power in green hydrogen production and its potential uses in industries like shipping and fertilizer. The challenges and complexities of using hydrogen as fuel in the trucking industry are also discussed. They share insights on financing in the energy sector and the process of building a successful Devco in the green hydrogen sector.
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Energy Density Drives Hydrogen Demand
- Shipping and aviation require dense energy storage, which batteries cannot provide efficiently.
- Green hydrogen's high energy density enables decarbonization of these hard-to-electrify sectors.
Hydrogen's Trucking Challenges
- Trucking adoption of hydrogen faces a chicken-and-egg problem: trucks need fueling infrastructure and vice versa.
- Predictable routes in shipping/aviation ease hydrogen fuel deployment compared to complex trucking networks.
Industrial Hydrogen Use Cases
- Steel sector demand driven by Europe’s regulations is price sensitive, allowing limited premium for green hydrogen.
- Industrial heat users may see operational benefits from green hydrogen beyond emissions reductions.