Embed Size (px)
Citation preview
McKinsey & Company 2
350+ large-scale projects announced globally
Giga-scale production
Large-scale industrial use
Infrastructure projects
Transport Integrated H2economy
500+ USD bn announced globally
44
34
23
16
16
7
Source: Hydrogen Council & McKinsey
150+ USD bninvestments considered mature
Europe
US & Canada
Australia &New Zealand
China
Japan, Korea, rest of Asia
LatAm
McKinsey & Company 3
Investment announced across the value chain until 2030
150+ bn USD mature investments Wind turbines Solar panels Power trans-
mission lines
Compression / liquefaction Pipelines Vessels Storage, HRS
Electrolyzers Reformers CCS projects
Fuel cells / tanks Vehicles, vessels,
aircraft, generators Boilers, turbines,
steel plants, chemical plants
* Required investments into renewables
Announced investments until 2030USD bn
Source: Hydrogen Council & McKinsey
75
108
168
351
Additional government targets Additional indirect investments
Direct private sector investments
17 11432 16
73
39
128120*
Feedstock / electricity production
H2 production End-use applications
Storage & dispensing
H2 conver-sion
Transmission & distribution
Energy H2 production Distribution End-use
McKinsey & Company 4
Global hydrogen production potential
Source: IEA, McKinsey
Potential to produce H2 below 2 USD/kg
USA BrazilChile
EgyptMorocco
UAESaudi Arabia
SpainPortugal
ChinaIndiaAustralia
USACanada
RussiaNorway
UAEQatarSaudi Arabia
MalaysiaIndonesia
McKinsey & Company 5
Hydrogen cost competitiveness by 2030
Biofuel (transitionary fuel)
1.Clean hydrogen is the only alternative
In regions whereCCS is not available
Compared to conventional alternatives
Implied CO2 cost expectation of 50 USD/t
Compared to low-carbon alternatives
Taxifleet
Refi-nery1
High grade
heating
Back-up generator
Remote generator
CHP for small buildings
Simple cycleturbine
Combined cycle
turbine
Combined cycle
turbine
Highgrade
heating
Blending of H2
Mid grade heating
Compact urban car
Steel
Fertilizer1
Midgrade
heating
RoPax
Regional train
Fork-lifts
Urban delivery
van
Heavy duty truck
Medium duty truck
Long-distance
bus/coach
Short-distance
urban bus
Mid-size long range
vehicle
Methanol1
Long-range flights
Cruise ships
Short-range flights
Long-range flights
Cruise ship
Short-range flights
Mining truck
Container ship
Small regional
ferry
Large passenger car/SUVBoiler
with existing network
Boiler with new network
Source: Hydrogen Council & McKinsey
McKinsey & Company 6
Hydrogen ecosystems will emerge around large-scale off-takers
Hydrogen clusters are formed when large scale off-takers co-locate hydrogen production, providing cheap hydrogen access to other smaller scale applicationsin the vicinity
H2 pipelines
Green H2
Methanol
Decarbonization of buildings
Refinery
Cluster types include
Ports for fuel bunkering, port logistics and transportation
Industrial centers around refining, fertilizer, steel and power
Export hubs in resource rich countries
Transport
© 2021 IHS Markit®. All rights reserved.
Presentation
US Department of Energy Hydrogen Shot Summit
August 2021
Hydrogen and Renewable Gas Forum
Alex Klaessig, Senior Director, +1 617 914 0266, [email protected]
© 2021 IHS Markit®. All rights reserved.
(methanation)
Synthetic CH4
+CO2 /CO
LNG
Compressed H2 tube trailers
ororor H2 LH 2
Local water
electrolysis
End use
H2 + O2
H2O
Ammonia / Methanol / LOHC*Conversion
CNGH2
HVDC
e-
Steam reforming
Gasification
Water
electrolysis
H2 + O2
H2O
H2
© 2021 IHS Markit/1736808Source: IHS Markit * Liquid organic hydrogen carriers
The hydrogen value chain
H2
H2
H2 + ½ O2
/
Re-Conversion
LH2
Liquid H2 trucks
or
or direct use
H2 + ½ O2
H2 pipeline
Transmission, distribution and storage End-useProduction
Hydrogen’s versatility makes it an appealing choice for decarbonization
US Department of Energy Hydrogen Summit – August 2021
2
© 2021 IHS Markit®. All rights reserved.
Electrolyzers will provide an increasing share of US hydrogen supply
Power-to-X project pipeline
Microsoft product screen shot(s) reprinted with permission from Microsoft Corporation. Underlying base map provided
by Bing Maps. © 2021 IHS Markit. All rights reserved. Provided “as is”, without any warranty. This map is not to be
reproduced or disseminated and is not to be used or cited as evidence in connection with any territorial claim. IHS
Markit did not create the underlying map visual and is impartial and not an authority on international boundaries,
which might be subject to unresolved claims by multiple jurisdictions. © 2021 IHS Markit
Improving cost and performance will increase the efficiency of capital deployed
0
2
4
6
8
10
12
14
16
2020 2025 2030
Cumulative capital expense on US electrolyzers
Source: IHS Markit
Notes: MMt = million metric tons.© 2021 IHS Markit
Billio
ns o
f 2020 U
SD
0.1
0.6
Total hydrogen supply
from electrolysis in
the United States
(MMt)
US perspective : All pathways to clean hydrogen - NG+CCS, waste, renewables, nuclear
US Department of Energy Hydrogen Summit – August 2021
