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To reduce emissions and to limit global warming to 1.5 degrees C, Hydrogen can avoid 80 Gigatons of cumulative tons of CO2 emissions by 2050, contributing to 20% of the total abatement needed in 2050 to reach net-zero emissions targets.¹ Moreover, this needs to start with emissions reduction initiatives now – to be on track for net-zero emissions by 2050, the Hydrogen Council estimates that approximately $700B USD in investments needs to be made by 2030, and only 3% of that is capital that is committed today.² While this is an ambitious target, it can’t be done expense of global energy security, an energy driven economy and ultimately, societal well-being. The focus of this presentation will be to show how ready-now technologies in low carbon Hydrogen production can be implemented today at an impactful scale.

Thesis:

Hydrogen is fungible with the current energy mix and can support the energy stability and security of the existing base load energy grid, creating the bridge to a renewable energy sector. The production of Hydrogen with carbon capture and sequestration technologies will be an essential bridge to decarbonized energy sources across existing industry applications in the coming decades, as well as across markets such as Mobility, Building Heating and Power, and Power Generation looking to take advantage of a decarbonized fuel source.

As a leading technology licensor, we understand that projects with specific feedstocks, cost limitations, policy constraints or opportunities, and emissions targets will require tailored solutions to optimize for project needs and minimize GHG emissions. We will share the Hydrogen production technologies best suited to decarbonize Hydrogen, as well as case studies where UOP has been selected as the technology licensor (Wabash Valley Resources³ and Exxon Baytown⁴) on how to deliver project-specific optimizations that will ultimately lead to Final Investment Decision. We will also highlight all technology developments across the clean Hydrogen and carbon capture space, including: Green Hydrogen Membrane⁶ and Purification solutions, Honeywell UOP’s Advanced Solvent for Carbon Capture developed in partnership with the University of Texas at Austin⁸, Liquid Organic Hydrogen Carriers⁵, and Callidus Burner Systems⁷ that will enable transitions to the Hydrogen economy.

Takeaways:

1. To meet Net Zero targets, CO2 emissions reduction needs to start now at world scale despite global energy needs and the pace of clean energy technology development.
2. Moving projects forward requires tailored approaches to project requirements and limitations that will deliver economic solutions while minimizing CO2 emissions.
3. Honeywell UOP is well positioned to support such projects with a suite of low-carbon technology solutions that can be leveraged as needed.