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The Climate Transition Podcast

Can we decarbonise international shipping by 2050?

Offshore wind farms totalling over 64GW are now in operation globally, but we are only scratching the surface of the sector's potential. This is because 80% of the world's offshore wind potential is in sites that are too deep for traditional fixed technology, and because the floating wind technologies to unlock these sites have not reached commercial maturity.

We talk to Andy Lewin, head of engineering at global wind developer Corio Generation, about the opportunity in floating wind and how firms can super-charge this potentially transformational technology. We also look at current floating hotspots and how close we are to the era of gigawatt-scale projects.

Offshore wind farms totalling over 64GW are now in operation globally, but we are only scratching the surface of the sector's potential. This is because 80% of the world's offshore wind potential is in sites that are too deep for traditional fixed technology, and because the floating wind technologies to unlock these sites have not reached commercial maturity.
We talk to Andy Lewin, head of engineering at global wind developer Corio Generation, about the opportunity in floating wind and how firms can super-charge this potentially transformational technology. We also look at current floating hotspots and how close we are to the era of gigawatt-scale projects.

Is floating wind about to go super-sized?

On 22 December 2023, the US Treasury Department and Internal Revenue Service released long-awaited guidance on tax incentives for green hydrogen projects. Tax credits of up to USD 3 per kilogram will be available for the cleanest projects as long as they meet a few key requirements: they must be powered by new renewables projects; they must produce hydrogen at the same time as power is being generated; and they must be close to their renewables source. These rules are similar to those in Europe but critics say they are too strict.

In this episode, we look at whether these rules will help the US green hydrogen sector to lead the world and what else is needed to unlock investment. We talk to Jason Evans, Senior Director of Energy at US technology company Twelve, which is developing large green hydrogen facilities for sustainable aviation fuel production. This includes discussion about the latest technological innovations and pioneering projects, and how we can draw more investment into the sector.

On 22 December 2023, the US Treasury Department and Internal Revenue Service released long-awaited guidance on tax incentives for green hydrogen projects. Tax credits of up to USD 3 per kilogram will be available for the cleanest projects as long as they meet a few key requirements: they must be powered by new renewables projects; they must produce hydrogen at the same time as power is being generated; and they must be close to their renewables source. These rules are similar to those in Europe but critics say they are too strict.
In this episode, we look at whether these rules will help the US green hydrogen sector to lead the world and what else is needed to unlock investment. We talk to Jason Evans, Senior Director of Energy at US technology company Twelve, which is developing large green hydrogen facilities for sustainable aviation fuel production. This includes discussion about the latest technological innovations and pioneering projects, and how we can draw more investment into the sector.

Will US tax credits unleash growth of green hydrogen?

The European Union is making big commitments to green hydrogen, but it will rest on individual countries to deliver on these plans – and it is the Nordics that are taking an early lead. The nations are set to become net exporters of green hydrogen in the 2030s, with green hydrogen production set to exceed demand by 20% by 2035, according to Aurora Energy Research. That means they are going to play a vital role in the commercialisation and growth of this industry.

In this episode, we look at the fundamentals of the market and the progress on green hydrogen projects. We talk to Jens Walzner, Executive Director Infrastructure and Renewables at Prime Capital, about the role that the Nordics will play in unlocking Europe’s green hydrogen potential. This includes discussion about current progress on pioneering projects; the latest developments in renewable energy that enables green hydrogen production; and leveraging private investment into the sector.

The European Union is making big commitments to green hydrogen, but it will rest on individual countries to deliver on these plans – and it is the Nordics that are taking an early lead. The nations are set to become net exporters of green hydrogen in the 2030s, with green hydrogen production set to exceed demand by 20% by 2035, according to Aurora Energy Research. That means they are going to play a vital role in the commercialisation and growth of this industry. In this episode, we look at the fundamentals of the market and the progress on green hydrogen projects. We talk to Jens Walzner, Executive Director Infrastructure and Renewables at Prime Capital, about the role that the Nordics will play in unlocking Europe’s green hydrogen potential. This includes discussion about current progress on pioneering projects; the latest developments in renewable energy that enables green hydrogen production; and leveraging private investment into the sector.

Can we decarbonise international shipping by 2050?

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