Japan formulated a roadmap for the development of hydrogen and its use in various sectors. This includes targets for hydrogen production capacity, cost reduction and the development of a hydrogen supply chain. What are Japan’s ambitious targets for hydrogen and a hydrogen-based society by 2050?
Across the globe, stakeholders are facing the “trilemma” of energy security, affordability and sustainability as they chart their pathways to a net-zero future. Players in Asia have an even bigger task at hand: its incremental energy consumption between 2023 and 2050 is expected to account for 65% of global energy demand growth to support economic activities. How do recent changes in the global gas market affect the role of gas in Asia’s energy mix? Will Asia continue its term-LNG shopping spree or rely more on the spot markets now that prices have trended down? What do Asia gas importers look for when securing new supply? What can LNG suppliers do to help Asia solve its energy “trilemma”?
Ammonia and methanol low-carbon hydrogen carriers are promising bunker fuels for decarbonizing the shipping sector. Several challenges, including costs, scalability, safety and infrastructure development remain. Collaboration among industry stakeholders, governments and international organizations will be essential to overcome these challenges and realize the potential of hydrogen as a key solution for meeting the IMO 2050 goals.
Natural gas plays a central role in power grids around the world, supporting the expansion of the global LNG trade and slashing carbon emissions by displacing coal. Yet there are questions about the future of the industry as renewable power rises and the world pushes toward net-zero power grids. What is the outlook for global gas demand in the power sector? How can the industry ensure its role while decarbonizing power systems?
S&P Global experts present their latest research and discuss topics on energy transition, energy security and trends shaping the global economic and energy landscape.
In this session, S&P Global experts will discuss the highlights and key takeaways of the week.