Partners in Performance Advises Center For Houston on Transforming City to Hydrogen Energy Hub
HOUSTON--(BUSINESS WIRE)--Dec 15, 2022--
Global energy transition management consulting firm Partners in Performance announced it was tapped by the Center for Houston’s Future (CHF) to assess Houston’s potential as a hub for hydrogen and hydrogen equipment manufacturing. The resulting report, “ Houston’s Future as a Global Center for Clean Hydrogen Manufacturing, Recycling, and Electrolysis ” offers an in-depth analysis of the city’s strategic advantages for becoming a global hydrogen energy hub.
Its findings conclude establishing a global hydrogen hub for hydrogen electrolyzers, storage, and delivery infrastructure is a massive economic opportunity for Houston. It offers recommendations to cement Houston’s leadership in the hydrogen energy ecosystem across the United States and potentially the world.
“Houston is a global center for the energy industry, from exploration & production to finance and infrastructure,” said Brett Perlman, CEO at Center for Houston’s Future. “As the world moves to clean, renewable energy Houston’s commercial and industrial base must transition to producing and delivering the green hydrogen energy that will be as vital to our energy future as fossil fuels are today.”
The U.S. is projected to exceed 100 Megatons of hydrogen manufacturing per year, approximately 20% of the global market. Houston is well-suited to play an outsized role in the U.S due to infrastructure, warehousing and logistics, and a highly skilled labor pool.
The study found other regions in the U.S. similar to Houston could spring up as “hydrogen opportunity zones” and provide similar and complementary services and industries.
“Partners in Performance is proud to support the Center for Houston’s Future in their foundational role in the Hydrogen Economy,” said Chris Millican, director. “We are convinced that Greater Houston is uniquely positioned to be a pathfinder for companies scaling up production within the electrolyzer manufacturing and hydrogen supply value chain. The report indicates it has a head-start and strengths in the H2 market to allow existing and new companies to break through challenges and establish a growth base for this new opportunity.”
The first steps in Houston’s path toward its hydrogen future involve electrolyzer manufacturing, an industry already underway in the area. The report examines other industry-adjacent concerns, and outlines paths Houston and other cities can take to ensure the US remains a leader in clean energy production for decades to come.
The full report, “ Houston’s Future as a Global Center for Clean Hydrogen Manufacturing, Recycling, and Electrolysis” is available at www.centerforhoustonsfuture.org/electrolysis.
About Center for Houston’s Future
Center for Houston’s Future, an independent affiliate of the Greater Houston Partnership, focuses on understanding future global trends and their impact on the Houston region. The Center brings business, government, and community stakeholders together to engage in fact-based strategic planning, collaboration, and action on issues of great importance to the region’s success. It engages in research, holds community events and develops leaders. Its current strategic focus areas include energy, climate and energy transition; health and health equity; and the economic importance of immigration
About Partners in Performance
An agile, fast growing international management consultancy, the firm is a leading global player in driving operational excellence for complex organizations. The hardest challenge faced by senior executives with any change initiative is to make it last. By working as true partners with our clients, Partners in Performance enables lasting change in organizations; delivering both commercial impact and inspiring people to transform their behaviors.
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Partners in Performance
email@example.comCenter for Houston’s Future
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: ENGINEERING CHEMICALS/PLASTICS OTHER ENERGY MANUFACTURING ALTERNATIVE ENERGY ENERGY OTHER MANUFACTURING
SOURCE: Partners in Performance
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PUB: 12/15/2022 03:33 PM/DISC: 12/15/2022 03:33 PM