Clean Hydrogen for Power and Utilities Sector
Training Course
12 hours online/ 2 days face to face
The target audience for the Clean Hydrogen for Power and Utilities Sector course includes:
Energy Professionals: Individuals working in the energy sector, including those focused on power generation and utilities, who are interested in clean hydrogen technologies.
Power Plant Engineers: Engineers involved in the design, operation, and optimization of power plants integrating hydrogen as a fuel source.
Renewable Energy Specialists: Professionals working with renewable energy sources who are exploring hydrogen as a complementary technology.
Utility Managers: Managers overseeing utility operations who are considering the adoption of clean hydrogen for power generation or grid stability.
Project Managers: Individuals managing projects related to hydrogen infrastructure and its integration into existing power and utility systems.
Policy Makers: Officials involved in shaping policies and regulations related to clean hydrogen and its use in the power sector.
Financial Analysts and Investors: Stakeholders evaluating the economic potential and investment opportunities related to clean hydrogen projects.
Technical Consultants: Advisors providing expertise on hydrogen technologies, system integration, and feasibility studies.
Academic and Research Professionals: Scholars and researchers studying hydrogen technologies and their applications in power and utilities.
This course is ideal for anyone involved in or interested in the application of clean hydrogen technologies within the power and utilities sector, providing insights into current developments, benefits, and challenges.
This course is designed to be delivered over three days on line – in 3x 4 hour sessions or 2 days in person – 2 six hour days – 3 hours am and 3 hours pm . It is based on the trainer’s experience of delivering successful on-line masterclasses over 6 years on the subjects of Clean Hydrogen, Investment Analysis and Project Development Best Practices for a range or organisations including PMI, APM, IMECHE and World Hydrogen Leaders. The trainer has a deep background in the Oil, Gas, Petrochemicals and Energy industry – as an Operations Director, Commercial Manager and Mechanical Engineer. As a Mechanical Engineer and Commercial Manager he has extensive experience of Utilities and Power Generation business development, project delivery and operations.
"Context for Clean Hydrogen Projects
• Hydrogen Landscape
• Project Development Best Practices
• Fundamentals of Investment Analysis The Business Case for Clean Hydrogen • Hydrogen Project Characteristics
• Investment Case for Hydrogen"
Clean Hydrogen Project Examples
· Hydrogen production – ‘Gas’ SMR and ‘Renewables’ Electrolysis
· Hydrogen Peak Power
· Carbon Capture and Storage Session 1 : Context for Clean Hydrogen Projects
Hydrogen Landscape (technical, business and organisational context)
Technical context
· Technology risk in clean hydrogen processes
· Comparing the ‘deliverability’ of competing clean hydrogen solutions, in particular ‘green’ vs. ‘blue vs turquoise
· Operating requirements for green, blue and turquoise clean hydrogen
· Efficiency, equipment life and other factors: from key metrics to business impacts
Business context
· Hydrogen targets and specific supports: government policy and regulatory provisions
· End-to-end value chain considerations, including options for transporting hydrogen
· Competitive and market entry considerations
· Options to enhance revenue and share costs - scaling and multiple business streams
Organisational context
· Strategic alignment
· Project governance process and front end planning
· Project delivery capability
· Project development considerations; including location, access to land, grid connectivity, and supply chain complexity
Project Development Best Practices
Project Shaping (choosing the right project)
· What does good project shaping looks like – understanding the context
· Understanding the ‘Roots of value’ and comparative advantage versus the competition
· The importance and delivery of good stakeholder alignment
· Establishing good project governance
Project Front End Planning (setting up the project to be done right)
· What are the key elements of good front end planning (reference the CII Project Definition Rating Index - PDRI)
· The importance of project team development and functionality
· Assuring project cost, schedule, operability outcomes and benefits
Fundamentals of Investment Analysis - (choosing the right Investment Case)
Understanding economic analysis
· Introduction to the key economic indicators NPV, IRR, Payback and Capital Efficiency
· How they are calculated and their use in investment case approval
Focusing on the assumptions
Using a ‘score’ model for assumptions - an approach based on the presenters subject matter expertise of preparing and presenting investment cases
· Sanctioning the project - The final investment decision point
· Capex - The estimated capital costs of the project
· Operating Start-up - The plans for making the project operational
· Revenue - The expected net income stream for the project
· Endurance - The anticipated life-time of the project
Other considerations
· Assessing less tangible and intangible benefits
· Sensitivity and scenario analysis, and identifying the competitive advantage
· Life Cycle - Residual Value and Decommissioning
· Financing options- corporate, investment partners or banks
· Government and regulatory factors - grants, revenue support and investment vehicles
Session 2 : The Business Case for Clean Hydrogen
Hydrogen Project Characteristics
Technology development,
· Piloting technology development and scaling up
· Applying ‘Agile’ project practices as part of traditional ‘waterfall’ projects
Supply Chain implications
· Accessing Infrastructure
· Securing Commercial Supplies and Offtakes,
Political Support,
· Local government permitting and as investment partners
· Regional/National regulation for creating and sustaining markets.
Financing
· Learning from historical gas business development parallels
· Leveraging green investment opportunities
Investment Case for Hydrogen - (preparing and presenting the Investment Case)
Creating an investment model
· Step by step creation of a basic investment model for a clean hydrogen project
· Develop on a simple excel template a worked example
· Adapting the model for specific technical, business and organisational contexts
Preparing the investment analysis
· Adaption of the basic investment model for a variety of purposes; to cover financing alternatives; to cover regulatory requirements - tax incentives and grants
· Test competitiveness by assessing the competitive advantage versus the alternatives and competitors
· Scenario and sensitivity analysis as part of assessing options and risk.
Presenting the investment case
· Presenting the investment case for executive approval as part of the organisations project and investment governance process.
· Assuring the quality of the investment case - what does a good funding request look like?
Session 3 : Clean Hydrogen Project Examples
Clean Hydrogen Project Examples – detailed review and interactive discussion of the investment case and project development based on a series of case studies based on real life examples and excel models as introduced in the prior sessions. The discussion will allow the participants to test and peer review their own assumptions and cases.
The main cases to be reviewed will be as follows – based on the needs of the participants other cases could be reviewed covering, petrochemicals, refining, steel and transportation.
Hydrogen production – ‘Gas’ SMR and ‘Renewables’ Electrolysis
Hydrogen Peak Power
Integrated Renewable with Hydrogen Storage
Carbon Capture and Storage