Tim leads GHD Advisory’s business in the UK, Europe and Middle East. Throughout his career, Tim has advised on over $70bn of infrastructure transactions, and today focusses on helping clients achieve their net zero aims, with a particular focus on hydrogen. He is currently engaged in energy transition projects across EMEA for both public and private sector clients.
How do you envisage the hydrogen economy developing?
To sum it up in one word, rapidly. I think we are all seeing the acceleration in conversation and awareness around hydrogen. It will be a substantial part of the energy mix going forward: there are different numbers in terms of its contribution by 2050, but we think it is going to be in excess of 20%. That is a substantial element and a huge opportunity for the marketplace.
At GHD, we are seeing the opportunities develop differently around the world. Some countries have an advantage in terms of their natural resources, particularly wind and solar, which means that they are particularly focused on hydrogen, not only in terms of domestic use but also around the potential for export. Australia and North America are notable examples, and we are also seeing a tremendous acceleration in the understanding and development of hydrogen in the Middle East. The roll out of hydrogen can be supported by existing assets across the world that can be adapted, such as gas infrastructure and pipelines. We are seeing this happen in the UK, particularly in the north of England where there is some excellent work being done (for example H21 Leeds City Gate).
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