Blue hydrogen requires oil and gas skills and existing infrastructure.
Use oil and gas capital to encourage its development.
5 replies (most recent on top)
unfortunately the hydrogen revolution (of any significance) is at least 30 years out. infrastructure and public perception of fear have k–led it. perception is important. it will find a place for refueling fleet vehicles that return home each night but a as a niche.
It’s those damn Shell binding corporate rules that are destroying the nimbleness of any companies Shell acquires.
Typical Shell response:
1) Much smaller nimble companies develop the market while we are still fumbling and stumbling with the potential opportunities;
2) Pay consultants big bucks to identify acquisition targets;
3) Pay a big premium to buy the companies;
3) Systematically destroy them with unreasonable Shell processes/standards;
4) Launch a multidisciplinary corporate cluster______ study to determine what went wrong; and
5) Rinse/repeat.
Agreed as well. There is real money to be made in the hydrogen industry. And Shell has a unique capability to rapidly grow both the supply and demand side across the globe. The lack of movement on this by Shell must be a key reason why those clean energy execs just left.
Hydrogen start-ups are coming out of the woodworks, and are going to take over market share rapidly in just a few short years. Shell likely to buy some of these companies, but a shame they can't do it themselves with the capable staff they are laying off.
Agreed. Shell needs to get out in front of companies like Air Products and Linde with H2 generation.