An Introduction to All Things BLEVE
AIChE Spring Meeting and Global Congress on Process Safety
Monday, April 11, 2022 - 5:00pm to 7:00pm
For many different products, a buyer cannot distinguish if a claim such as âGreen Hydrogenâ or âRenewable Energyâ is true by inspecting the product. For electricity, it was realized that such certificates are an essential building block for market success. As a result, Renewable Energy Certificates (RECs) were conceived. A similar mechanism for products such as âBlue Hydrogenâ or âGreen Hydrogenâ enables producers to capture the associated premium. This is especially important in the chemical industry due to its value chains that often span multiple production steps and legal entities. While such certificates were introduced in Europe about 20 years ago for electricity, the EU recently introduced âGuarantees of Originâ for hydrogen. This talk will demonstrate important elements of such certificates and potential pitfalls.