Welcome to CERAWeek!This year, the conference will explore in-depth strategies for how the energy industry is reshaping challenges and opportunities for the energy transition. From economic instability to shifting geopolitics, a global pandemic to infrastructure constraints, the industry faces significant headwinds in its pursuit to design a low-carbon future. Within this theme, many of today’s sessions focus on hydrogen’s potential as a decarbonized fuel, ability to decarbonize refineries and hard to abate sectors, and to serve as a long-duration storage resource.
The possibility of a hydrogen-powered future is gaining momentum, but it will take a variety of technologies to become a reality. Bringing innovations that support scalable utility-scale clean hydrogen production to market, developing new hydrogen-powered solutions, and solving storage and transportation challenges are all part of a complicated puzzle needed to progress toward a net zero future.
These efforts will require collaboration among industry leaders and government policymakers, many of whom are in Houston this week to provide perspectives on how we can achieve success.
News and trends that will drive this week’s conversations:
The growth of clean hydrogen infrastructure demonstrates the energy industry’s willingness to undertake a fundamental transformation.
The U.S. Department of Energy encourages 33 regional hydrogen hubs to compete for a share of $7 billion in federal funds to support further development of a green hydrogen market.
As an industry, as organizations and even as individual leaders, we’re demonstrating our adaptability, our willingness to transform for a net zero future. Today at CERAWeek, we’re looking for other areas where the industry is investing and positioning itself for the transformations necessary to reach long-term decarbonization goals.
Monday, March 6 12:00 - 12:40 p.m. (CST) Bill Newsom, President and CEO of Mitsubishi Power Americas, joins Andy Marsh of Plug Power, Andrew Flanagan of RWE Renewables Americas, Justin Bird of Sempra Infrastructure and Eleanor Kramarz of S&P Global to discuss how hydrogen can be cost-effectively deployed on a broad scale as a zero-carbon fuel source and energy storage solution.
Raquel Clement (Chevron), Mike Green (Chesapeake Energy), Raj Rapaka (ExxonMobil) and Rebecca Hofmann (Blockchain for Energy) discuss how blockchain can create industry efficiency.
Jigar Shah (U.S. DOE, LPO), Mike Ducker (Mitsubishi Power), Craig Broussard (Magnum Development), and Eleonor Kramarz (S&P Global) discuss the nation’s first utility industrial-scale renewable energy hub in Delta, Utah.
Follow the full breadth of Mitsubishi Power Americas programming at CERAWeek 2023 here.
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, is a world leader in power generation and energy storage solutions. It provides power generation solutions that include cleaner natural gas and green hydrogen, renewable energy, hydrogen and battery energy storage, environmental controls, services, and digital solutions for plant operation and maintenance.
