Worley, ABB and IBM partner to offer energy firms green hydrogen solutions

February 23, 2022

Worley, ABB and IBM signed a MoU to offer solutions to companies’ green hydrogen assets. Image: Toshiba

Major engineering and technology firms Worley, ABB and IBM have signed a memorandum of understanding (MoU) to collaborate on green hydrogen solutions, intending to create an “end-to-end” service for energy companies.

The MoU will see all three companies offer energy companies that might otherwise be precluded from entering the nascent green hydrogen market various services and functions.

Each company would leverage its own business experience and knowledge base, Worley providing expertise in engineering, procurement and construction, ABB offering its knowledge in electrical infrastructure, automation operations digitalisation and optimisation, and energy management, while IBM’s knowledge will be in systems integration services, data framework and management solutions.

“By fast-tracking and standardizing how we engineer-design-operate, this collaboration is expected to reduce the levelized cost of green hydrogen and help our customers to decarbonize their operations further,” said Chris Gill, senior vice president of low-carbon hydrogen at Worley.

Bruno Roche, vice president, energy transition at ABB Energy Industries added: “Complementing our partners expertise with our electrification, automation and digital solutions, we will aim to enable lower production costs through smart, safe and sustainable operations.”

While relatively nascent, green hydrogen continues to attract significant interest from energy companies. Various national governments and continental blocs such as the European Union have published green hydrogen strategies in recent years with the intent of bringing production costs down below US$2/kg.

Green Hydrogen Summit

17 May 2022

With hydrogen now a central part of many nations’ decarbonisation plans there remains an elephant in the room; how do we produce truly clean green hydrogen in the volumes needed to support this burgeoning Hydrogen ecosystem, at comparable prices to grey or blue Hydrogen? Without a route to green hydrogen at scale, efforts to transition to hydrogen will not contribute to the 2050 target of net zero. With this in mind, the third annual Green Hydrogen Summit will examine every aspect of achieving cost- competitive green hydrogen at scale. The Summit will provide a comprehensive view of the entire green hydrogen ecosystem, including the regulations and incentives countries are deploying, the business models to deploy electrolysis projects, the infrastructure upgrades needed to transport and store hydrogen at scale, and the industrial applications for the hydrogen being produced. Now into its third year, and with an audience made up of government officials, energy suppliers, project developers, debt providers and investors, utilities, gas grids and off-takers the summit will bring together delegates with leading experts to share the latest case studies, inspire action, and make the connections to realise the potential of green hydrogen.

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