A Roadmap to NetZero, part of Black Veatch's Hydrogen 2021 program, presents a technology agnostic guide to strategic decarbonization road mapping
The impacts of climate change are fostering a sense of urgency in the drive to decarbonize. Many organizations, however, remain unclear about how to achieve their NetZero commitments. Hydrogen 2021: A Roadmap to NetZero, a new ebook from Black Veatch, helps organizations chart a pathway towards delivering their decarbonization goals.
"Converting leaders' urgency into a plan when there is incomplete information is a challenge. Black Veatch is developing strategic roadmaps with clients across industries, helping them select the right technologies and make the right investments this decade, so they can meet their commitments in decades to come," said Deepa Poduval, Vice President, Global Strategic Advisory. "Our latest ebook draws upon this experience and shares the elements essential to creating a decarbonization roadmap that is executable."
According to Black Veatch's 2021 Corporate Sustainability, Goal Setting and Measurement report more than 80 percent of companies surveyed with revenues greater than US$250 million have set decarbonization goals, yet 25 percent have set goals at such a level that they are unsure how they will meet them. Hydrogen 2021: A Roadmap to NetZero, is intended to help organizations in this position, as well as those wanting to benchmark and enhance existing plans.
"Increasingly, our clients must address significant, global challenges in their core business strategies and capital investments. Decarbonizing the industry is our generation's moonshot," said Jason Rowell, Black Veatch's Director of Global Decarbonization Solutions. "As a full-service infrastructure provider, Black Veatch brings technical and commercial expertise for that journey; and is sharing these insights in our new ebook."
For most organizations the growing recognition of hydrogen's potential makes it likely the element will touch most decarbonization plans either directly or indirectly; few initiatives, however, will be pure-play hydrogen. As a result the ebook looks at steps to establish which decarbonization technologies are best suited to delivering an organization's decarbonization goals; and how to address their interaction with interdependent factors such as developing an understanding of organizational change and the regulatory landscape.
"As more and more organizations consider their decarbonization goals, regardless of their revenue or size, the quality of their initial strategic decarbonization roadmap will have one of the most significant impacts upon the return on their low-carbon investments and ability to compete and thrive in a decarbonized future," Rowell added. "By setting out clearly the necessary business, regulatory and technical considerations, Hydrogen 2021: A Roadmap to NetZero can help get those vital early steps right." Click here to download Hydrogen 2021: A Roadmap to NetZero.
Black Veatch is a member of the Hydrogen Council and advisor to the U.S. Department of Commerce's Renewable Energy and Energy Efficiency Advisory Committee. Hydrogen 2021: A Roadmap to NetZero draws upon insights and experience from these activities as well as leading-edge decarbonization projects including:
- Working with Long Ridge Energy Generation to retrofit a 485-megawatt (MW) combined-cycle power plant making it the nation's first large gas turbine plant to transition operations to hydrogen fuel and the Intermountain Power Renewal Project, an 840-MW combined-cycle gas facility in Utah.
- Helping Rocky Mountain Power integrate renewable energy and electricity storage onto the grid; by executing a 650-kilowatt solar power generation and 1-MW, 5 MW-hour battery storage system engineering, procurement and construction(EPC) project.
- Feasibility studies central to the development of the world's largest green hydrogen plant, Enegix Energy's Base One facility, in Ceará, Brazil which has the potential to produce more than 600 million kilogrammes of green hydrogen annually.
- Delivering the Cardinal Point EPC Wind Project to create a new 150-MW onshore wind facility for Capital Power.
About Black Veatch
Black Veatch is an employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2020 exceeded US$3.0 billion. Follow us on www.bv.com and on social media.
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