WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 35
Global
Outlook
This impact has two facets: it helps optimize energy resources
and combat climate change, but the current algorithmic choices
require computation and data centres consuming a huge amount
of energy and water.
Only one company is currently exploiting a white hydrogen
deposit in Mali.
Industrial groups in the energy sector as well as players in the
Oil & Gas industry and numerous start-ups, are present at the
early stages of development, mostly by obtaining exploration
permits. Australia is very active in this field, with over 35 permits
already completed.
If presently, the industrial exploitation of natural hydrogen is
not a reality, it could become one around 2030.145
• Complex modelling ability: As AI makes it possible to analyse,
correlate, and generate a lot of data, it can improve complex
situations modelling.
Electricity consumption modelling is indeed complex.
Consumption depends on temperature, season of the year,
activity, prices, self-consumption and customer’s behaviours
that are influenced by economic situations, fears on prices
increase or risks on security of supply, among others.
Better forecasting electricity consumption and finer
optimization scenarios will help to improve grid balancing.
• On the positive side let’s note:
Another example is processes modelling for example, for
electrolyser plants to improve hydrogen production.
WEMO 2024
Generative AI: Since 2022, generative Artificial Intelligence
(ChatGPT, Gemini, Perplexity, Mistral..) has become available
to a large public and is raising both hopes and concerns.
While the generative AI technology applies to a much broader
scope than the only energy sector, it will have a major impact
on it.
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The projected cost of extracting white hydrogen, €0.5/kg to €1/
kg, would be competitive with grey hydrogen cost. In addition,
helium is often a co-product of natural hydrogen, and its market
price ranges from €30 to €70/kg. This co-product should make
natural hydrogen deposits even more profitable.
145 https://www.rystadenergy.com/news/white-gold-rush-pursuit-natural-hydrogen
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As opposed to oil or natural gas production, continuous
production would be possible for white hydrogen thanks to a
rapid regeneration time of 10 years. Its production emits very
little CO2 compared with grey hydrogen that is extracted from
natural gas.
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