Challenges of Green Fuel Project Development

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Recording of Friday, June 21, 2024 | The smarter E Europe 2024 | Exhibition Program | Language: English | Duration: 15:37 .

Prateek Banerjee, a senior consultant at ILF Consulting Engineers, addresses the Green Hydrogen Forum about the challenges and future prospects of green fuel project development.

Prateek Banerjee, a senior consultant at ILF Consulting Engineers, delivered a presentation on the challenges faced in green hydrogen project development. The discussion was divided into four chapters: an introduction, an overview of various challenges, contributions from ILF to this sector, and future prospects. Green hydrogen initiatives began with global decarbonization policies around 2019. Currently, about 50+ countries are actively pursuing these strategies through policy initiatives and demonstration projects. Banerjee highlighted the different forms of hydrogen fuel—liquid hydrogen (used mainly in rocket propulsion), ammonia (largely for fertilizer production), and methanol—with their respective energy efficiencies being quite low due to lack of direct combustion methods. The sectors requiring decarbonized fuels include transport (aviation, maritime), industrial applications (refineries producing ammonia), power generation/heating systems, and fertilizers. The International Energy Agency posits that there must be a fivefold increase in green hydrogen consumption to meet net-zero targets—a significant challenge given current usage levels. Bilateral partnerships between nations like Germany's agreements with Ukraine and Japan's collaborations with South Korea have led to giga-scale projects intended to boost capacity significantly. Yet only three such projects are under construction globally—one in Saudi Arabia’s Neom city and two in China. Operational hurdles include harnessing renewables efficiently due to inconsistent wind/solar patterns affecting energy distribution models crucial for consistent power supply essential for green hydrogen production.

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Speaker

Prateek Banerjee
Senior Consultant
ILF Beratende Ingenieure
Germany

Talk of session P5:

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Business Development Manager
AMBARtec AG
Germany

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