Price and carbon intensity more important than colour – J-Power
Multiple methods of production will be needed to hedge against energy security risk, according to Japanese utility
Future hydrogen buyers will prioritise the carbon intensity and price of the fuel rather than the method of production, an industry figure said at the S&P Global Asia Energy Transition conference this week. “Colour is a very good way of starting the conversation at a high level. But as a full trading system, carbon intensity and price are going to be crucial because carbon intensity informs the customer of what their CO2 footprint is in their own transition to carbon neutrality,” says Jeremy Stone, non-executive director at the Australian subsidiary of J-Power, one of Japan’s largest utilities. A focus from non-governmental organisations and some policymakers on prioritising green over b
Also in this section
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
11 November 2024
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets