PODCAST: hydrogen could hold the key to low carbon chemicals

BARCELONA (ICIS)–Hydrogen could play a key role in lowering the chemical industry’s carbon footprint thanks to use of renewable energy and carbon storage.

• Hydrogen could become important for low carbon chemical production;
• Grey hydrogen uses natural gas as a feedstock and is very carbon-intensive;
• Blue hydrogen uses natural gas but stores carbon dioxide;
• Green hydrogen uses renewable energy to extract hydrogen from water – zero emissions;
• BASF, Solvay, Evonik leading in Europe;
• EU Green Deal, Joe Biden may push hydrogen;
• Converting hydrogen to ammonia makes it easy to transport;
• Force majeures, outages caused by lack of plant maintenance;
• Global supply chains not fit for purpose;
• China’s “two sessions” have major implications for chemicals; and
• China’s dual circulation policy aims to reduce debt reliance.

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

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Interview by Will Beacham