Press release

Bureau Veritas Releases "White Paper: Hydrogen - Developing the Value Chain for Sustainably Produced Energy" to De-risk the Value Chain for Tomorrow's Clean Energy 

2021 Mar 12

Recently, Bureau Veritas Group (hereinafter referred to as "Bureau Veritas") officially released the "White Paper: Hydrogen - Developing the Value Chain for Sustainably Produced Energy" (hereinafter referred to as "White Paper"), which covers the road to decarbonization across the hydrogen industry chain; transforming the three key industries: mobility, heavy industry and energy; taking hydrogen production to the next level; hydrogen project assessment, risk management, regulatory compliance, importance of measuring performance and the future of hydrogen.

This White Paper shares cutting-edge insights and practical experiences, and discusses how companies can address sustainability and safety challenges and establish regulated and safe solutions for the hydrogen value chain in the new age.

Hydrogen development and challenges

As the energy transition moves full steam ahead, industry players worldwide continue to invest in clean energy, with hydrogen among the front-runners. Demand for this carbon-free energy source for numerous industrial uses has increased threefold since 1975, and is set to grow further as the energy transition accelerates. The European Commission recently announced that by 2050, hydrogen should represent 12-14% of the EU’s overall energy mix, powering industries from mobility to energy to heavy industry.

However, for hydrogen to fulfill its potential as a sustainable energy source, work must be done to secure a carbon-free value chain for hydrogen generation, storage, distribution and use. Players throughout the chain, including manufacturers, distributors and technology providers, are working to design, build and operate the technology, facilities and infrastructure to make blue and green hydrogen successful energy sources.

Mr. Wang Xun, Senior Vice President and Greater China President of Commodities, Industrial & Facilities Division, Bureau Veritas, said that: "Hydrogen has a major role to play in helping industry players decarbonize their activities, bringing a strong alternative energy solution to the carbon-heavy mobility, heavy industry and energy sectors. Bureau Veritas has been working to shape a world of trust - facilitating the sustainable and high-quality development of enterprises and the society. Our mission is to help our clients to reduce risk and improve performance in health, safety, quality, environmental protection and sustainability.

As a long-term supplier of inspections and certification for the energy sector, and with a strong portfolio of sustainability services and solutions, Bureau Veritas is perfectly positioned to support clients across the hydrogen value chain. By preparing and releasing this White Paper, Bureau Veritas hopes that it will be of interest to the industry and help interested parties play a greater role in energy transition while guiding users to understand the sustainability and safety priorities in hydrogen development."

Prospective key points in hydrogen's sustainable and safe development

Point 1

Project assessment: The first step of every hydrogen project

Excellent project management begins with a good project assessment, the indispensable first step for any hydrogen project. From the earliest stages of conception and design, hydrogen projects must be evaluated and their feasibility confirmed. Assessments like this ensure that a project can be delivered safely and on time, while conforming to industry standards. This is an essential baseline for investors, who must be confident in a project’s safety and operability from end-to-end.

Point 2

Risk management: Prioritizing prevention and improving safety

In its natural gaseous form, hydrogen is both volatile and flammable. Great care and precautions must be taken throughout production, storage, transportation, distribution and use of hydrogen to minimise associated risks. Risk management is thus crucial to developing safe and successful hydrogen projects, infrastructure and technologies.

Point 3

Regulatory compliance front of mind at all times

When designing new hydrogen technologies or facilities, or building hydrogen infrastructure, asset owners must achieve compliance with existing regulations. Taking this into account at the earliest stages of a project can help avoid potentially costly problems later down the line. The same is true when refurbishing existing facilities and infrastructure to use hydrogen, and throughout the entire lifecycle of hydrogen projects.

Point 4

Measuring performance, achieving a lifetime of safe operations

Once a sector’s technologies, facilities and infrastructure have had risks mitigated and been positively assessed for regulatory compliance, performance becomes the biggest factor for a hydrogen project’s success. To manage this, asset owners and operators need to monitor and measure performance throughout an asset’s operational lifetime, evaluating project highs and lows.