Countries are providing incentives to develop new hydrogen markets, with the U.S. leading the way on the scale of government funding available to the emerging industry. Yet there are still questions about how hydrogen can be produced cleanly at scale, and how new end-user markets will develop, creating uncertainties about the hydrogen business’ pace of growth and ultimate size. Where will supply come from? Which use case segments are most promising for hydrogen demand? Where can hydrogen compete with traditional fuels without government support?
Natural gas continues to play a major role in the global economy. The 2022 gas crisis highlighted its importance and interconnectedness of the market. The market has reconfigured following the loss of Russian gas exports to Europe. What are the drivers of LNG demand growth? How will the industry reconcile security of supply, environmental considerations and the need to be affordable?
Repurposing natural gas infrastructure for hydrogen is possible with certain modifications and considerations. Although significant planning is required existing natural gas infrastructure can be effectively repurposed to support the transition to a hydrogen economy, enabling the widespread adoption of clean and renewable hydrogen energy.
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.
Review key takeaways and valuable insights with the S&P Global Hydrogen team as they summarize the hydrogen opportunities and challenges discussed throughout the week in the Hydrogen Hub.