Where has the Hydrogen market gone?
Green Hydrogen genesis

The world emerged from the Covid pandemic at the end of 2020 with a will to change the energy landscape. Exit the good old oil & gas and welcome to the then called “fuel of the future” Green Hydrogen.

At the time, interest rates were at their lowest and massive amounts of public money were to be invested in order to boost the economy. Green Hydrogen was a gold opportunity and received loads of financing. On paper, Hydrogen was seen as a fuel but also as a mean to decarbonize through its combination with CO2. A 4-years period of green hydrogen hype started which led to the apparition of all kinds of projects tagged “Hydrogen”: cars, planes, industries, bicycle, electricity storage…to continue reading click here:

https://2b1stconsulting.com/where-is-the-hydrogen-market-gone/

BP Net Zero H2Teesside Blue Hydrogen

A pool of international and national oil companies (IOCs) and (NOCs) involving BP, Eni, Equinor, Occidental Petroleum (Oxy), Shell, Total and Lotte Chemical are mobilizing their competences and financial capacities to develop a large scale carbon capture usage and sequestration (CCUS) named BP Net Zero Teesside Blue Hydrogen at one of the largest industrial area on the northeast England.Discover more:

https://2b1stconsulting.com/bp-net-zero-h2teesside-blue-hydrogen/

The Netherlands’ independent green fuel company, SwitcH2, and the independent floating production storage and offloading (FPSO) vessel engineer and operator, BW Offshore, are considering developing the SwitcH2 NH3 OFFSET FPSO Green Ammonia, a green ammonia floating production unit.

The Dutch government plans to reduce by 2030 its carbon dioxide (CO2) emissions by 45% compared to 1990 and should be carbon neutral by 2050.
After the Russian invasion of Ukraine, Europe decided to boost its energy dependency through its RePowerEU.
In 2022, the Netherlands have an installed wind power capacity above 8 gigawatts (GW), with 29.6% based offshore.

https://2b1stconsulting.com/switch2-nh3-offset-fpso-green-ammonia/

Shell HI OML 144 Platforms

The international oil company (IOC) Shell and the Nigerian independent company Sunlink Petroleum Limited (Sunlink) are willing to proceed on fast-track to develop shallow water HI offshore project in Nigeria.

https://2b1stconsulting.com/shell-hi-oml-144-platforms/

2025 : the year of all the Energy Transitions

Since 2020, the world has begun its Energy Transition, but beyond decarbonization and the development of renewables, another faster transition is taking place. This other Energy Transition is the transition from a world where energy is globalized to a world where energy is politicized.

https://2b1stconsulting.com/2025-the-year-of-all-the-energy-transitions-part-1/

How do Trump Tariffs impact energy projects?

Since 2022, we are witnessing the transition of energy from globalization to a world where the energy map has to match with the political map.
Trump tariffs are the latest nail in the coffin of the Global Energy era

https://2b1stconsulting.com/how-do-trump-tariffs-impact-energy-projects/