The Hydrogen Economy: Transforming the Future of the Fuel Additives for a Global Leader in Petroleum Additives
Quick Overview
The client, a global leader in petroleum additives used in transportation and industrial products, sought to understand the evolution of the hydrogen ecosystem and its expected impact on their business.
Client success details
FutureBridge advisory enabled the client to gain a comprehensive understanding of the evolution of hydrogen demand across the industrial, power, and transportation sectors, as well as the relevant policy and regulatory benefits in the USA, Canada, and European Union.
The key questions addressed:
 By 2050, hydrogen demand in the transportation sector is expected to rise significantly, particularly in the heavy-duty vehicle and shipping industries. While hydrogen as a feedstock will have minimal impact on the industrial additive business, its effect on fuel additives in gas turbines for power generation remains uncertain according to current research. |
|
We adopted a holistic approach to assess the demand for hydrogen and its derivative through the following key elements:
- Assessment of costs through a modelling approach for hydrogen, ammonia and methanol – each in green and blue variants.
- Evaluation of the scalability potential of hydrogen and its derivatives based on infrastructure, feedstock availability, government policies and regulations and consumption patterns.
- Development of various scenarios to evaluate the potential of hydrogen in the industrial, transportation, and power sectors.
FutureBridge advised on the likely future trends for the adoption of hydrogen and its derivatives for land and marine transport, through a model for cost of production which considers factors of scalability and regulatory incentives like IRA tax credits. This empowered the client to assess the potential impact of such developments on its fuel additives business.
Want expert advise for your specific business objective? Talk to our Energy experts.
