USD
GBP
CNY
EUR
INR
JPY
MYR
ZAR
KRW
THB
Disruptive Technologies Enabling Power-to-X
Disruptive Technologies Enabling Power-to-X
Techno-economic analysis of emerging PtX technologies decarbonizing critical hard-to-abate sectors
16-Jan-2024
Global
Description
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.
Table of Contents
Why Is It Increasingly Difficult to Grow?The Strategic Imperative 8™: Factors Creating Pressure on Growth
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
Scope of Analysis
Segmentation
Hydrogen’s Role in Deep Decarbonization
Growth Drivers
Growth Restraints
PtX Value Chain
Comparative Analysis of Water Electrolysis Technologies for Hydrogen Production
Comparative Analysis of Water Electrolysis Technologies for Hydrogen Production (continued)
Comparative Analysis of Water Electrolysis Technologies for Hydrogen Production (continued)
Comparative Analysis of Water Electrolysis Technologies for Hydrogen Production (continued)
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
Funding and Policy Initiatives Ecosystem
Noteworthy PtX Projects in Various Stages of Deployment
China Leads the PtX Patent Landscape
Important Participants in Power-to-Chemicals and Power-to-Heat Pathways
Important Participants in Power-to-Fuels and Power-to-Syngas Pathways
Growth Opportunity 1: PtX Pathways can Offer Reliable and Cost-efficient Production of Sustainable Aviation Fuel
Growth Opportunity 1: PtX Pathways can Offer Reliable and Cost-efficient Production of Sustainable Aviation Fuel (continued)
Growth Opportunity 2: Power-to-Ammonia Pathways Offer Bunkering Business Opportunities to Offshore Wind Farm Operators
Growth Opportunity 2: Power-to-Ammonia Pathways Offer Bunkering Business Opportunities to Offshore Wind Farm Operators (continued)
Growth Opportunity 3: Power-to-Protein Technology Offers a Sustainable Alternative to the Traditional Food Supply Chain
Growth Opportunity 3: Power-to-Protein Technology Offers a Sustainable Alternative to the Traditional Food Supply Chain (continued)
Technology Readiness Levels (TRL): Explanation
Your Next Steps
Why Frost, Why Now?
Legal Disclaimer
Popular Topics
| Author | Sharath Thirumalai |
|---|---|
| Industries | Energy |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Disruptive Technologies Analysis |
| Keyword 2 | Power-to-X Technology Dynamics |
| Keyword 3 | Energy Market Forecast |
| Podcast | No |
| WIP Number | DAE2-01-00-00-00 |