Chevron’s Post

Hydrogen’s versatility and potential to be produced with very low emissions makes it a important component in the transition to a low-carbon future. By 2050, hydrogen could contribute significantly to reducing global CO₂ emissions, helping to achieve net-zero targets and mitigate climate change. this is an interesting project.

We need to recover as much electricity generated from renewable energy as possible as we strive to meet our 2050 net zero ambitions. However, there is often a mismatch between when renewable electricity is generated and consumer demand. How can hydrogen be used to maximize every megawatt of renewable energy? What hydrogen storage options make most economic sense for the UK? DNV’s Sarah Kimpton shares hydrogen insights in her RenewableUK blog: https://lnkd.in/gzebFMF6 #Hydrogen #EnergyTransition #Renewables #BridgesAndBottlenecks

We are absolutely thrilled to re-share a glimpse into the recent speech at TEDxNewHaven, a momentous event that we, Gauravi Patil and myself, brought to life with the invaluable collaboration of innovative thinkers and industry leaders. One such visionary, we are proud to acknowledge, is Mr. Jason Few, CEO of FuelCell Energy, whose enlightening discourse on the role and future of hydrogen in renewable energy storage was an indisputable highlight of the conference. Jason's unwavering conviction in the transformative potential of hydrogen, which he astutely elucidated as a clean, cost-effective solution for the storage and transportation of large amounts of renewable energy, imbued us all with optimism for a sustainable, energy-secure future. In the course of his engaging presentation, Mr. Few explained that the surplus power generated from wind and solar sources can be converted into hydrogen, effectively stored, and subsequently repurposed as power when required. This process not only offers a tangible path towards decarbonization but also a strategic approach to energy transition and storage. Our decision to invite Mr. Few to the TEDxNewhaven stage was motivated by our genuine belief in the game-changing technology developed by FuelCell Energy. Our faith in their mission was not just reaffirmed, but heightened as we absorbed the insights shared by Jason. Throughout the complex and demanding process of organizing TEDxNewHaven, we found Jason to be an unwavering pillar of professionalism, exhibiting positivity and resilience that only deepened our respect for him and the FuelCell Energy team. We wholeheartedly encourage everyone to view Mr. Few’s full TEDx talk at https://lnkd.in/ewmQxpgV and delve into the groundbreaking technology of FuelCell Energy at https://hubs.la/Q01SHF4M0. As we look to the future, we hold great anticipation for the success of FuelCell Energy. Their contribution to the energy landscape is poised to create ripple effects of positive change for generations to come. #hydrogen #decarbonization #energytransition #energystorage #tedx #FuelCellEnergy #RenewableEnergy #FutureOfEnergy

Very insightful talk from the CEO of FuelCell Energy regarding the future of hydrogen as a stored energy source.

Green hydrogen🌿 is the cleanest and most cost-effective solution for storing and transporting large amounts of renewable energy💡🔋🔋

Renewable energy sources such as solar and wind have emerged as game-changers in the fight against carbon emissions and environmental degradation. Their capacity to harness natural elements to generate electricity has disrupted the energy landscape, promoting sustainability and reducing reliance on fossil fuels. However, one significant drawback has limited their widespread adoption: intermittency. Unlike conventional power sources that provide a consistent supply of electricity, renewables are subject to weather conditions and daily fluctuations. Solar panels generate electricity when the sun shines, and wind turbines when the wind blows, leaving periods of low or no generation when weather conditions are unfavorable. This intermittency poses challenges to grid stability and hinders the seamless integration of renewables into existing energy systems. Enter energy storage, the linchpin in the quest for a clean energy transition. At its core, energy storage refers to the capture and storage of excess electricity produced during times of high generation and its subsequent release during periods of low generation. Energy storage systems play a vital role in balancing supply and demand on the grid. During times of excess renewable generation, energy is stored in batteries or other storage mediums. When demand exceeds supply, the stored energy is discharged to meet the electricity needs, effectively "smoothing" the peaks and troughs of renewable generation. Intermittency challenges can cause grid instability, leading to blackouts and voltage fluctuations. Energy storage provides grid operators with a vital tool to maintain grid stability, ensuring a seamless flow of electricity to consumers. By addressing intermittency, energy storage accelerates the integration of renewables into the energy mix. This integration reduces reliance on fossil fuels and accelerates the transition to a low-carbon energy landscape. Energy storage enables the development of decentralized energy systems, empowering individuals, communities, and businesses to generate and store their renewable energy locally. The energy storage revolution is not confined to conventional battery technologies; it extends to innovative solutions that harness diverse storage methods. Pumped hydro storage facilities use excess electricity to pump water uphill to a reservoir. During periods of high demand, water is released from the reservoir, flowing through turbines to generate electricity. Thermal energy storage involves capturing excess heat generated by renewables and utilizing it to produce electricity during low generation periods. CAES systems store excess electricity by compressing air and storing it in underground caverns. When electricity demand increases, the compressed air is released to drive turbines and generate electricity.

Did you know surplus #renewable energy can be stored and transported by converting it into hydrogen? This makes it possible to smooth out the fluctuations in renewable energy generation. Since the stored #hydrogen can also be used as a fuel or a chemical material, our hydrogen energy solution can help to further increase the utilisation of renewable energy, providing CO2-free hydrogen supply chains using renewable #energy. Explore how hydrogen is being used to create a greener future: https://lnkd.in/dnj5M2_u

Green hydrogen, although among the fastest growing clean energy technologies, is also one of the most vulnerable to bottlenecks, according to McKinsey & Company’s 2023 Global Energy Perspective. The new report has said when bottlenecks are overcome, clean energy could account for up to 85% of global power generation by 2050 if commitments are achieved. However, technologies such as wind and solar, electric vehicles, green hydrogen and heat pumps, despite being the technologies with the fastest expected growth are the ones most vulnerable to bottlenecks. McKinsey said, “Wind power, electric vehicles and green hydrogen are expected to be most critically affected with potential undersupplies of 20 to 50% for electrolysers, with this figure rising to over 50% for some materials used in wind power magnets, and a projected surge of 330% in lithium demand for batteries by 2030.”

BioLite's 2023 Impact Report is here! We've brought clean energy access to now 8.1M people while offsetting 2.2M tons of CO2e. These numbers are always staggering to me, and I'm so honored to work alongside such a dedicated team. #climatetech #energy #socialimpact #socialenterprise

Energy Markets: How will renewable hydrogen accelerate the energy transition? 🌟📝 📝 Highlights: Renewable hydrogen presents a solution to energy storage challenges, emissions reduction, and the integration of variable renewable sources. 🔗 Read more: https://lnkd.in/ezCWmbkt 🌐 Visit: www.energycompact.com 🔍 Join the Energy Compact: https://lnkd.in/eHY7D3jT #Comment and share your views. 🗨️ #energy #markets #newsletter