Energy expert Anne-Sophie Corbeau discusses potential power generation markets for ammonia in transoceanic hydrogen transport with Shayle Kann.
Insight
Corbeau: Hydrogen Is a Conversion Business, Not a Rent Business Like Oil
“From an economic point of view, many developing countries want to benefit the maximum from hydrogen, and hydrogen is not a rent business. It's not like oil or gas. It's a conversion industry, so you are never going to get as much revenues and benefits as you w…”
Assertion Partly supported
Russia withheld European gas supplies months before the invasion of Ukraine
“Russia was actually not booking more capacity in order to send gas to the market. So we had the impression that they were a little bit withholding, you know, gas supplies.”
Assertion Not checkable as stated
The EU did not voluntarily cut Russian gas; Putin cut supplies
“The European Commission is always very prompt at saying, uh-oh, We have been very successful at reducing our imports of Russian gas. I mean, look, you know, they have been really down. And I'm saying, well, I am very sorry, but actually you have not Mr. Putin …”
Prediction Not checkable as stated
Corbeau: Fragmenting hydrogen transport across multiple carriers will stall cost reductions
“Here we have so many solutions, and if we embark in each of them, then we are not going to get the cost improvements that are required.”
Prediction Held up
Corbeau: Pipelines will definitely be Europe's cheapest hydrogen transport option
“Transporting hydrogen by pipeline, which can also be an option between, you know, different continents and will be definitely an option and the cheapest option for Europe.”
Prediction Open · timeframe Jul 2033
Corbeau: LOHC and ammonia will lead hydrogen carrier cost race next decade
“I think right now it's a battle between LOHC and ammonia in terms of costs for the kind of next 10 years.”