OIES Podcast – Clean Hydrogen for Decarbonisation: From Hype to Realism

In this latest OIES podcast, from the Gas Programme, James Henderson talks to Aliaksei Patonia about the latest edition of the Oxford Energy Forum which looks at the changing perceptions around the future of hydrogen. The overarching theme of the Forum, and the podcast, addresses the problem of bankable demand for hydrogen and how firm offtake agreements can be signed to secure the future of the fuel across the entire value chain. As well as discussing specific sectors, we also look at different regions with a specific focus on China and Europe. The Chinese example is discussed in detail to see if there are indicators for development in other parts of the world, while the question in Europe is whether the sector is being developed in the correct order, with a risk of infrastructure overbuild. From a sectoral perspective, the refining sector is seen as a potential foundation for the initial offtake of clean hydrogen, while green steel also has significant potential. The question of government support is also analysed, with discussion around appropriate subsidisation of the industry and the correct allocation of risk between the various players in the value chain. Finally, the issue of hydrogen as a tradeable commodity is addressed, looking at the key stepping stones towards the development of an internationally traded market.

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