Production & Distribution
A successful energy transition will make the O&G industry as we know it today disappear – at least 90% of it. This industry holds billions of dollars of assets, and millions of jobs, and as societies, we can’t afford a simple write-off. Besides, an energy transition relying solely on electrification would face serious power bottlenecking issues.
Instead, we should leverage the O&G companies who have a lot of the expertise, the potential to help improve the cost and performance of clean fuels value chains, and the organizational capabilities to manage such operations. A successful energy transition will have to move around clean(er) gaseous & liquid fuel amounts like the O&G volumes of today. As a society, we should open long-term market opportunities and repurpose the O&G industry.
O&G players must prepare to address several challenges and pursue several opportunities for which Pyonnier can provide support
Mining operations can benefit from clean hydrogen in several ways
Tests projects, first-of-a-kind facilities and partnerships should support hydrogen-related initiatives.
Mining trucks typically have a lifetime of 10 years, which opens the opportunity for hydrogen’s progressive deployment within a fleet. One key challenge for the industry is to compare the TCO of a hydrogen truck to a diesel one.
Pyonnier can support companies from the mining sector develop their strategic analysis and executing their action plans on hydrogen.
This application includes several industries: public transit, goods trucking, aerospace and airports applications, maritime transportation and special vehicles.
Each one of these industries has its specific context, and similar challenges like access to competitive hydrogen, building a viable business case, hydrogen safety management, GHG benefits, etc. On all these evaluations Pyonnier can provide expertise.
As hydrogen will be blended with natural gas or distributed purely as a clean fuel, it will be possible to cover heating needs for industrial and commercial applications.
The challenges lie with the cost of the heat produced: new technologies are emerging to bring the cost down in addition to the cost reduction of hydrogen production.
Pyonnier supports customers with the evaluation of this new solution for heat generation.