Speaking at the Hydrogen Transition Summit, Dr. Javier C**ada, President and CEO of Mitsubishi Electric Power EMEA, highlighted the full potential of hydrogen in accelerating the transition to a carbon-neutral world, with Mitsubishi Power, a power solutions brand owned by Mitsubishi Heavy Industries, highlighting its rapidly evolving hydrogen ecosystem at COP28, which has just concluded in Dubai, United Arab Emirates.
Recognising the critical role of hydrogen in decarbonizing the energy system, more than 30 countries last week issued a COP28 Declaration of Intent on Hydrogen aimed at accelerating the commercialization of hydrogen globally to meet global energy needs.
With decades of experience, Mitsubishi Electric Power is a frontrunner in developing a hydrogen ecosystem for the decarbonization of energy systems.
Investing heavily in clean technology development to complete the world's first 30% hydrogen blend validation, using co-located hydrogen produced and stored on a grid-connected, state-of-the-art Class 1,650 J-Series air-cooled (JAC) gas turbine.
Speaking at the Climate Action Hydrogen Transition Summit, Dr. Javier C**ada, President and CEO of Mitsubishi Electric Power Europe, Middle East and Africa, highlighted the role of hydrogen in the future development of the global energy system: Now is the time to take action and find pragmatic solutions that will enable us to drive a fair and just energy transition. We know that there is an urgent need to decarbonize; What is changing now is the scale and speed needed to achieve this. ”
The Middle East is heeding this call with a rapid increase in investment in hydrogen, with Kavada commenting: "The Middle East and North Africa has the potential to become the world's clean energy hub. ”
According to the Global Hydrogen Council, hydrogen has the potential to reduce CO2 by up to 60-80 gt by 2050, but achieving this goal will require rapid acceleration.
We need to remember that the decisions we make over the next two years will determine the energy transition for the next two decades. We owe it to future generations to come together, take action and achieve our goals. Kavada added, echoing the theme of COP28.
The company is also deploying an industrial- and utility-scale integrated commercial hydrogen facility in Utah, USA, through a groundbreaking partnership with Chevron America's New Energy Corporation (formerly Magnum Development). Advanced Clean Energy Storage (ACES Delta) Hydrogen Center.
Bill Newsom, President and CEO of Mitsubishi Electric Power Americas, Inc., and Craig Broussard, President, CEO and Chairman of the Board of Directors of ACES Delta, were invited to share their experiences on the world stage at the Hydrogen Transition Summit as best practices to support developers and companies. Operators are rolling out this successful model to the rest of the world.
Commenting on the experience, Bill Newsom said, "It took us 100 years to build the hydrocarbon infrastructure we have today. The challenge is to build renewable energy infrastructure in less than 30 years. We all agree on the why and the what; Take practical project action now. ”
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