Exhibition & Conference

13-16 September 2021

Singapore EXPO, Singapore

Technical Programme

Runeel Daliah


Lux Research

15:00 - 15:30

Wednesday, 18 September 2019

T3.5 The industrial sector holds the key to a hydrogen economy


  • The goal of this presentation is to provide a reality-check on the hydrogen economy and analyze how the industrial sector, and not the transaportation sector as previously thought, will need to drive innovation to enable the hydrogen economy


  • Our presentation will use an array of proprietary methodologies and tools developed at Lux Research to analyze the innovation history in key hydrogen technologies (including electrolysis and fuel cells) to understand why the transportation sector was not the right driver for the hydrogen economy and analyze via economic modelling the relationship between electricity prices and regulatory mechanisms to understand how the industrial sector can benefit from a hydrogen economy. 


The presentation will have the following structure - 

  • Discuss how the industrial sector, and not the transportation sector, will breathe new life into hydrogen
  • Present an overview of novel technologies and opportunities present for driving growth in renewable hydrogen
  • Showcase the potential of green hydrogen for sector coupling of the power and chemical industries


  • Based off of our analysis, we found that electrochemical technologies today still require significant innovation activity in the next 10 years to become a feasible option for adoption in the industry
  • A hydrogen economy cannot exist without either signigicant penetration of cheap renewable electricity onto the grid, high carbon taxes applied onto the chemicals industry, or a combination of both
  • Despite the challenging landscape for a hydrogen economy, green hydrogen is necessary to decarbonize the industrial sector and companies should start investing in the space now itself