Hydrogen: would it pass a change of scale?

France, Canada - Feb 27 2019
  • #carbon/climate change

Hydrogen: would it pass a change of scale?

Air Liquide recently announced the construction in Canada of a PEM (Proton-Exchange Membrane) electrolyzer with a 20 megawatts (MW) capacity to produce carbon-free hydrogen. “Carbon free” means that the electrolyzer does not release greenhouse gases (GHG) itself during the hydrogen production, unlike the steam reforming of natural gas that is the current main way to produce hydrogen and that is highly GHG intensive. Consequently, the positive impact on climate change depends on the way the electricity is generated. Connected to low carbon emitting power plants, hydrogen can be used as energy storage facilities for power production, power-to-gas solutions and transportation fuel. Without considering any economic/cost related issues, it seems to be a possible key element for a transition to a low carbon economy.

To discuss the credibility of such a scenario and to provide some order of magnitude, let’s imagine that French road transport massively migrates to fuel cell cars and trucks. In 2017, this represented about 600 billion vehicle-kilometres, meaning that we need to provide enough energy for such distance. Current cars fed by hydrogen (H2) roughly need about 1kg of H2 for 100km and 50-60 kwh are required for the production. The easy to estimate total of additional low carbon electricity production to fit yearly transportation needs is 330 TWh. In 2017, total electric production was 554TWh and if we decide not to add new nuclear capacities, at current wind (resp. solar) efficiency of 20% (resp .13%), it is about 184 GW (resp. 275 GW) of additional capacities to be installed. With a trend of yearly new capacities of 1.7GW (resp. 0.6), it is only a matter of centuries…

Certainly, technical improvements are not taken into account and we are at the very beginning of the technology, but we can’t consider hydrogen as a panacea and the solution is certainly multifaceted. First out, being the need for travel to decline or potentially rethinking cities.

Emeric Nicolas, Head of Data Science Dpt.
Sources: Beyond Ratings, UNECE, Air Liquide, Enerdata

Our latest
publications

Title
Category
Tag
Country
Date
Weekly food for thought
#Carbon/Climate Change #Environment
Global
2019-06-25
Weekly food for thought
#ESG
Global
2019-06-25
Weekly food for thought
#ESG
France
2019-06-25
Analyst insight
#Carbon
Europe
2019-06-25
Weekly food for thought
#Carbon
Global
2019-06-25
Weekly food for thought
#ESG
Global
2019-06-25
Weekly food for thought
#Credit Risk
United States
2019-06-25
Analyst insight
#Environment
Northern Area
2019-06-25
Weekly food for thought
#Carbon/Climate Change
Europe
2019-06-25
Weekly food for thought
#ESG
France
2019-06-25
Weekly food for thought
#Credit Risk
Peru
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change
World
2019-06-25
Weekly food for thought
#ESG
France
2019-06-25
Weekly food for thought
#Credit Risk #GDP
Europe
2019-06-25
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#ESG
Global
2019-06-25
Weekly food for thought
#Credit Risk
France
2019-06-25
Analyst insight
#Credit Risk #France
Europe
2019-06-25
Weekly food for thought
#ESG
Global
2019-06-25
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#ESG
Global
2019-06-25
Weekly food for thought
#GDP
Europe
2019-06-25
Analyst insight
#ESG
Global
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#Carbon #ESG
France
2019-06-25
Weekly food for thought
#Credit Risk
Global
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#ESG
Europe, USA
2019-06-25
Weekly food for thought
#GDP
France
2019-06-25
Analyst insight
#Environment
France
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#Carbon/Climate Change #ESG
Global
2019-06-25
Weekly food for thought
#Credit Risk #GDP
China
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#ESG
USA
2019-06-25
Weekly food for thought
#GDP
Global
2019-06-25
Analyst insight
#Credit Risk #Sovereign Debt
Global
2019-06-25
Weekly food for thought
#Carbon #Climate #IPCC #WMO
Global
2019-06-25
Weekly food for thought
#Carbon #Inequality #Paris Agreement
France
2019-06-25
Weekly food for thought
#GDP #Sovereign Debt
Italy
2019-06-25
Analyst insight
#Credit Risk #GDP #Geopolitics #Sovereign Debt
Global
2019-06-25
Weekly food for thought
#Environment
Global
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #GDP
Global
2019-06-25
Weekly food for thought
#GDP
France
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #Environment
Global
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Environment
Global
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Environment
Global
2019-06-25
Analyst insight
#GDP
Brasil
2019-06-25
Weekly food for thought
#Environment
Venezuela
2019-06-25
Weekly food for thought
#Environment #Natural Capital
Norway
2019-06-25
Analyst insight
#Carbon #Carbon/Climate Change #Climate
United Kingdom
2019-06-25
Weekly food for thought
#Agriculture #Biodiversity #Climate #GHG #Greenhouse gases
Global
2019-06-25
Weekly food for thought
#Biodiversity #Climate #Environment #ESG #IPCC #Oceans #SIDS
Global
2019-06-25
Weekly food for thought
#Credit Risk #GDP
France
2019-06-25
Weekly food for thought
#Carbon/Climate Change
Europe
2019-06-25
Weekly food for thought
#Carbon/Climate Change
France, Canada
2019-06-25
Weekly food for thought
#Credit Risk #GDP
Argentina
2019-06-25
Analyst insight
France, Egypt
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate
France
2019-06-25
Weekly food for thought
#GDP #Sovereign Debt
Germany
2019-06-25
Weekly food for thought
#Environment #ESG
Global
2019-06-25
Analyst insight
#GDP #Natural Capital #Sovereign Debt
South Africa, France
2019-06-25
Weekly food for thought
#Credit Risk #Sovereign Debt
United States
2019-06-25
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-25
Weekly food for thought
#Carbon/Climate Change #Environment #ESG
Global
2019-06-25
Weekly food for thought
#Carbon/Climate Change #Climate
Global
2019-06-25
Weekly food for thought
#ESG
India
2019-06-25
Weekly food for thought
#Credit Risk #GDP
USA, Japan, European Union
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #GDP #Paris Agreement #Sovereign Debt
Global
2019-06-25
Weekly food for thought
#Climate #Environment #Paris Agreement
Small Island Developing States, Global, Barbados, Fiji
2019-06-25
Weekly food for thought
#Credit Risk #GDP #Sovereign Debt
Venezuela
2019-06-25
Analyst insight
#Carbon #Carbon/Climate Change #Climate #Credit Risk
Global
2019-06-25
Analyst insight
Global
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate
Global
2019-06-25
Weekly food for thought
#Credit Risk #GDP
Global
2019-06-25
Analyst insight
#Biodiversity #Environment #Natural Capital
Brazil
2019-06-25
Weekly food for thought
#Credit Risk #Sovereign Debt
United States
2019-06-25
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-25
Analyst insight
#Credit Risk #Sovereign Debt
United States
2019-06-25
Analyst insight
#Carbon/Climate Change #Credit Risk #ESG #Natural Capital
Global
2019-06-25
Analyst insight
#Carbon #Carbon/Climate Change
Europe
2019-06-25
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Paris Agreement
France
2019-06-25
Weekly food for thought
#Credit Risk #Sovereign Debt
Europe
2019-06-25
Weekly food for thought
Global
2019-06-25
Analyst insight
Global
2019-06-25
Weekly food for thought
France
2019-06-25
Weekly food for thought
#Carbon/Climate Change #ESG
Global
2019-06-25
Weekly food for thought
Global
2019-06-25
Weekly food for thought
Global
2019-06-25
Weekly food for thought
Global
2019-06-25
Analyst insight
#Biodiversity #Climate #Environment #Natural Capital #Paris Agreement
Global
2019-06-25
Weekly food for thought
United States
2019-06-25
Weekly food for thought
Italy
2019-06-25
Weekly food for thought
Global
2019-06-25
Analyst insight
Middle East & North Africa
2019-06-25
Weekly food for thought
Global
2019-06-25
Weekly food for thought
Global
2019-06-25
Research note
#Carbon #Carbon/Climate Change #Climate #Paris Agreement
Global
2019-06-25
Weekly food for thought
Global
2019-06-25
Analyst insight
All
2019-06-25
Weekly food for thought
United States
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
#Carbon/Climate Change #Climate #Credit Risk
England
2019-06-25
Weekly food for thought
Global
2019-06-25
Weekly food for thought
Germany
2019-06-25
Analyst insight
Brazil
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
Italia
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
Canada
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Analyst insight
Sweden
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
Italia
2019-06-25
Analyst insight
All
2019-06-25
Weekly food for thought
USA
2019-06-25
Analyst insight
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
United Kingdom
2019-06-25
Weekly food for thought
United Kingdom
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Research note
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
Russia
2019-06-25
Analyst insight
Argentina
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
European Union
2019-06-25
Analyst insight
European Union
2019-06-25
Analyst insight
Greece
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
European Union
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
Cuba
2019-06-25
Weekly food for thought
All
2019-06-25
Analyst insight
Greece
2019-06-25
Weekly food for thought
European Union
2019-06-25
Weekly food for thought
French Guyana
2019-06-25
Weekly food for thought
#Sovereign Debt
Russia
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
Venezuela
2019-06-25
Analyst insight
All
2019-06-25
Weekly food for thought
United Kingdom
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
France
2019-06-25
Weekly food for thought
European Union
2019-06-25
Weekly food for thought
All
2019-06-25
Weekly food for thought
France
2019-06-25

Let's keep in touch!

This field is required
Invalid email

Register to our newsletter to be the first to hear about ...

Get started

More investors are choosing Beyond Ratings' proprietary ESG-augmented financial metrics to gain a 360° view of company and country ESG performance.