Disruptive Technologies Enabling Power-to-X
The International Energy Agency (IEA) estimates that emissions from the energy sector alone reached 37 gigatonnes (Gt) of carbon dioxide (CO2) in 2022, hitting a new milestone. Mitigating greenhouse gases (GHGs) and achieving long-term net-zero energy targets are focal points for several developed and developing countries. However, the defossilization of hard-to-abate sectors (iron and steel, heavy industries, industrial and district heating, long-haul transport) and the food supply chain is still a major challenge.
In this regard, low-emission fuels, such as hydrogen and its derivatives, present themselves as ideal feedstock that will significantly contribute to achieving net-zero emissions in hard-to-abate sectors. Demand for hydrogen as a low-carbon fuel has been steadily increasing; it reached 95 megatons in 2022 and is expected to reach about 500 megatons by 2050. Simultaneously, governments have been actively formulating long-term strategies and roadmaps to achieve economies of scale to deploy pathways for the increased production of green hydrogen and its derivatives.
Power-to-X (PtX) processes are important pathways that produce carbon-neutral synthetic fuels and chemicals that can be used in several sectors or stored for longer durations. PtX technology can also convert surplus renewable electricity into other forms of energy; hence, there is significant scope to tap into hydrogen’s potential to accelerate a smooth transition to a low-carbon economy.
This research service covers the following topics:
The technology overview of different PtX pathways, including power-to-liquid (PtL), power-to-gas (PtG), and power-to-heat (PtH)
A detailed techno-economic analysis of PtX value chain operations, including renewable energy generation, electrolysis to produce green hydrogen, green hydrogen storage and transportation, and processes to convert green hydrogen into fuels and chemicals
The study also includes key growth opportunities, growth drivers and restraints, key innovators in the industry, and the PtX patent landscape.
- Strategic Imperatives
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative 8
- The Impact of the Top 3 Strategic Imperatives on the PtX Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Growth Opportunity Analysis
- Scope of Analysis
- Segmentation
- Hydrogen's Role in Deep Decarbonization
- Growth Drivers
- Growth Restraints
- PtX Value Chain
- PtX Technology Analysis: Electrolyzer Technologies
- Comparative Analysis of Water Electrolysis Technologies for Hydrogen Production
- PtX Pathways
- Power-to-Gas Produces Syngas and Methane that Uses Existing Infrastructure to Replace Fossil Fuels in High-end Applications
- Power-to-Liquid Generates Low-carbon Synthetic Fuels that Significantly Reduce Emissions in the Transportation and Chemicals Industries
- Power-to-Heat Technology Enables Heating Sector Decarbonization
- Global Green Hydrogen Production Costs
- PTX Pathways' Cost Analysis
- Growth Analysis
- Funding and Policy Initiatives Ecosystem
- Noteworthy PtX Projects in Various Stages of Deployment
- China Leads the PtX Patent Landscape
- Innovation Ecosystem
- Important Participants in Power-to-Chemicals and Power-to-Heat Pathways
- Important Participants in Power-to-Fuels and Power-to-Syngas Pathways
- Growth Opportunity Universe
- Growth Opportunity 1: PtX Pathways can Offer Reliable and Costefficient Production of Sustainable Aviation Fuel
- Growth Opportunity 2: Power-to-Ammonia Pathways Offer Bunkering Business Opportunities to Offshore Wind Farm Operators
- Growth Opportunity 3: Power-to-Protein Technology Offers a Sustainable Alternative to the Traditional Food Supply Chain
- Appendix
- Technology Readiness Levels (TRL): Explanation
- Next Steps
- Your Next Steps
- Why Frost, Why Now?
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