The future of Hydrogen and the possibilities of exploring the Venetian territory as a “Hydrogen valley” were at the heart of the conference entitled “Hydrogen value chain in the Veneto Region: current and perspectives”. Today in the Capannone Assemblee sindacali del Petrolchimico in Marghera, the discussion started after the welcome given by the president of the Venice Sustainability Foundation (VSF). On stage, in front of an audience of industry experts, took place the Minister of Environment and Energy Security Gilberto Pichetto Fratin, Mayor of Venice Luigi Brugnaro, and Councillor for Economic Development-Energy Roberto Marcato.
Organized by the Venice Sustainability Foundation, as part of the Biennale della Sostenibilità 2023, the conference developed with the presentation of the results of the mapping produced by the Foundation’s members with analysis by BCG.
Nearly half (40 percent) of the Veneto companies surveyed by the sample of 250 firms are interested in projects involving the use or supply (production, storage and distribution) of hydrogen (H₂).
The study “Mapping Competencies and Demand for Hydrogen in Veneto” then showed that a quarter of the companies surveyed plan to consider converting to the use of hydrogen, including some companies in the Hard to Abate sectors (so-called “energy-intensive” companies).
In order to activate more H₂ projects, it will be essential to support collaborations both with institutions and different companies, as confirmed by 87 percent of companies seeking a strategic, financial or research and development (R&D) partner. Among those who do not express interest in conversion, the main reasons are: lack of knowledge of the subject (28 percent), do not consider the investment strategic (20 percent), perceive a lack of infrastructure (12 percent), consider investment too costly compared to yield (8 percent), prefer other renewable sources (5 percent)