Host Ed Crooks brings you the first of two special episodes recorded live from Wood Mackenzie’s Hydrogen ConferenceIndustry leaders and energy analysts gathered recently for the second annual hydrogen conference hosted by Wood Mackenzie, where they dissected the potential of hydrogen in the energy mix. Join host Ed Crooks in the first of two special episodes from the conference, with part two coming out tomorrow. The conference presented an opportunistic forum to discuss how hydrogen, with all its potential and challenges, can shape the course of a decarbonized energy industry. Hydrogen, once considered the energy of the future, has finally claimed its position in the present reality of decarbonized energy systems. Fuelling the global discourse on climate change, the conversation has shifted to the pivotal role that hydrogen and renewable energy solutions can play in the clean energy transition. Andy Lane, the Vice President of Hydrogen and Carbon capture in the UK for BP, spoke on a panel and emphasized the influence of China on the future of the renewable energy industry. Lane argued that China's ability to generate solar power and produce electrolyzers at a cheaper rate than most countries could instigate healthy competition that benefits everyone. He also highlighted that the renewable energy industry should not approach the global supply chain with a defensive mindset but rather learn to work effectively within it. However, Lane raised concerns about the potential threat this presents to European businesses, despite the overall positive impact on global warming reduction. What about those in the US? What impact is the IRA having? Rick Beuttel from Bloom Energy and Mona Bagat of KBR Consulting talk about the government incentives, the US’ place in the low-carbon hydrogen race as well as the costs when it comes to Green and Blue Hydrogen production. This conference also provided an insight into technology leaders navigating the challenges of a rapidly evolving energy market. Ines Kraft from the German electrolyzer company, Sunfire, explained how they recently installed the world's first multi-megawatt high-temperature electrolyzer for green hydrogen production. The ongoing transformation of the energy industry - and the shift towards hydrogen as an essential part of that change - presents both challenges and opportunities for energy companies around the globe. The rising prominence of hydrogen will require concerted efforts to surmount obstacles related to costs, regulations, and infrastructure. Finally, we wrap up part 1 from the conference with Andre Pina from EDP Renewables discussing opportunities for an international market in hydrogen and its derivatives traded around the world. Don’t forget part 2 from the conference is out tomorrow, subscribe so you don’t miss an episode! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.