Big oil’s renewable targets:
Energy Transition 8% - Cost of achieving net zero emissions by 2050 for the US could be 3% of GDP. Hydrogen could account for 8% of the emissions reductions needed for the US to reach net zero. hydrogen demand in the US would have to increase more than 7x by 2050. $1.9 BN – Investment to achieving net zero emissions by 2050 for the US could be $1.9 TN. $1.8 TN would be needed for green hydrogen. It would require 2 TW of additional renewable energy generation. $1.10/kg - Green hydrogen will cost $1.60/kg in 2030, including tax credits. Blue hydrogen will be US$1.10/kg. 2032 – US EPA requires coal-fired power plants to install carbon capture technology by 2032 to remain in operation after 2039 and new gas-fired plants to be operated as baseload generation to install the technology by 2032. 200 –The average cost of e-kerosene is 4x more expensive than fossil fuels and conventional ethanol up to 3x. There are 200 e-fuels projects under development. Finance and Investment Opportunities Currently advising on arranging finance and investment for the following projects. If interested in learning more, please DM me:
Thanks for reading! About me: Seasoned executive with over 25 years of experience in investing, finance, and business development. Proven track record of deploying over $10 BN of debt, $1 BN of private equity and arranging $100 MM of tax equity for projects in renewable energy (wind, solar, bioenergy, hydro, geothermal) and the energy transition (energy storage, EV charging, hydrogen, carbon capture). Currently advising on projects needing debt, equity and tax equity. If interested in learning more, I would love to connect. |