Shale directories and CSC H2 network Make the Appalachian basin a player in hydrogen production and CCUS
PENN VALLEY, Pennsylvania, USA, May 16, 2022 /EINPresswire.com/ — If you strive to be a leader in the oil and gas industry, you take risks – the classic high-risk, high-risk scenario. reward.
O&G conference producers need to show the industry that they are looking to the future, and they want to show industry players where their business development efforts should focus.
Take a close look at the shale directories and the H2 CCS network. This closely aligned pair of companies has brought national – global – attention to the Appalachian Basin as having the potential to be a global hub for hydrogen production and hydrogen capture, use and storage. carbon (CCUS).
Shale Directories was founded in 2009 by Joe Barone to connect the oil and gas industry to local businesses, a goal that has expanded so that today the company is a national leader in bringing together oil and gas players. industry with local companies hoping to be part of the oil and gas industry.
The company began promoting the Appalachian Basin as THE storage hub with its first Appalachian Storage Hub conference in June 2017. Annual storage hub programs followed in 2018, 2019 and 2020.
Two years ago, Barone and TopLine Analytics founder Tom Gellrich read the O&G tea leaves and determined that the basin should not only be an underground storage hub for NGLs, but also the target for United States, if not the world, for the production of hydrogen.
It took about a year to put their thoughts and ideas into action, but on April 8, 2021, Shale Directories and the new H2 CCS network launched the first Appalachian Hydrogen & Carbon Capture conference.
No less a dominant player in O&G than ExxonMobil estimates that hydrogen and CCUS will be a $3 trillion market by 2040.
The federal infrastructure bill, signed into law in late 2021, allocates $8 billion and $12 billion respectively for hydrogen and carbon capture in DOE grants to establish regional centers.
During the initial program, presenters landed two keynote speakers from the US Department of Energy, Lynn Brickett and Robert Schrecengost, responsible for the DOE’s hydrogen and carbon sequestration programs, respectively.
The disembarkation of two of DOE’s best people to present on the initial conference trip indicated two things: Federal authorities have long been involved in hydrogen and CCS research and development, and Barone/Gellrich were addressing a particularly important topic.
Due to the caliber of the speakers and their presentations, the three conferences – all sold out – attracted companies from across the United States and Canada.
The most recent conference held a few days ago brought together a number of representatives from major oil companies such as Shell and Repsol who are currently focusing their human and financial resources on CCUS.
Participation also included state and federal legislators, who provided the most significant public-private exchange.
The trio of talks provided an opportunity to raise awareness of new hydrogen and carbon capture initiatives, including Mitsubishi’s Project Utah, Summit Carbon Solutions’ Midwest Express pipeline, US Steel’s hydrogen program and developments from generation of hydrogen and carbon black from Monolith.
Nuclear power icon Westinghouse touted its eVinci nuclear reactor project during the recently concluded program.
The largest, best-known, and most vocal proponent of O&G in the United States, the American Petroleum Institute, API, presented two of the three conferences.
The next conference, Appalachian Hydrogen & Carbon Capture IV, will take place on November 10, 2022 at the Hilton Garden Inn at Southpointe in Canonsburg, PA. The conference takes place two days after the mid-term elections which have an impact on many presentations and discussions.