In this video, Jim Watkins joins Simon Roth, Director of Management Consulting for Infrastructure and Utilities at ILF Consulting Engineers, at the 14th edition of the DII Desert Energy Leadership Summit in Vienna, Austria. They discuss ILF's newly released report, Low Emission Molecules: Insights into an Emerging Sector, which examines the entire hydrogen value chain. Simon explains how the report highlights key sectors involved in hydrogen production, transportation, and offtake, with a focus on the European market.
The report covers challenges such as financing, regulations, and market development, drawing insights from over 30 industry interviews. It also proposes supporting elements for the growth of the hydrogen economy, including first-mover protection and strategic gas reserves. The conversation dives deep into the complexities facing hydrogen development and its integration into existing energy systems, offering a comprehensive look at what needs to be done to accelerate the transition to a green hydrogen economy.