Talking Carbon Intensity not Hydrogen ‘Colours’, and an Iterative Approach to the Energy Transition with MAN Energy Solutions.

Exploring Hydrogen

In this episode of Exploring Hydrogen, we are joined by MAN Energy Solutions’ Head of Power Sales Australia and Pacific, Timothy Meyers. Andy and Tim talk about MAN Energy Solutions’ energy transition as well as carbon intensity vs carbon colours and carbon’s value.

Tim’s Highlights:

1:25 – MAN Energy Solutions the company

1:58 – Marine sector emits 2-3% Global Emissions; MAN’s two stroke engine has a very large portion of this market and therefore has a very big role to play in decarbonisation

2:31 – Four major areas of green transitions: inputs, generation, transport and storage, as well as transitioning back into work

4:09 – How big is MAN Energy Solutions?

4:45 – Tim’s most passionate area – How do we reduce our carbon intensity?

5:41 – Carbon intensity vs carbon colours

7:50 – Opens the conversation of customers adding a value on carbon intensity in everyday products

9:58 – Alternative fuels – looking at the four major areas of green transitions

13:10 – There is not one solution to the carbon dilemma

14:28 – The grouped solutions will also need iterations of contracts and transactions

15:20 – Certifications

15:40 – Carbon accounting instead of green accounting

16:30 – Energy efficiencies

17:24 – Deliver energy in a more carbon effective way – needs to be cost effective

18:25 – Bill Gates’ book – How to avoid a climate change disaster

19:10 – We need to live in today; so that clear actions are taken and started

22:10 – Biggest challenge – At the moment there is no real value in reducing carbon intensity

23:50 – Power industry and industrial industry

24:00 – Power industry needs to ensure that they don’t have stranded assets

25:05 – Industrial industry needs to ensure that they have a viable business plan

26:40 – First mover disadvantage

27:25 – Cardon intensity needs to be part of the conversation

28:30 – There is a perception that hydrogen is going to be super cheap

29:00 – Cost of the projects and cost curves

32:00 – Carbon equalisation tax structure

32:20 – Value the carbon itself

33:30 – What is Tim excited about?

35:30 – Where does Tim see us in 10 years?

Links

MAN Energy Solutions’ website: https://www.man-es.com/

MAN Energy Solutions’ LinkedIn Company Profile: https://www.linkedin.com/company/manenergysolutions/

Timothy Meyers’ LinkedIn - https://www.linkedin.com/in/timothy-meyers-4935a1145/

Sidenote: Timothy finished working for MAN in August 2022. For any future enquiries about MAN please contact Karl-Heinz Berdais [e-mail]