Energy, Oil & Gas Magazine EOG 218 - Jan 2024 | Page 29

____________________________________________________________________________________________________________ Cadent
. . . we ’ re focused on driving our methane reductions down . Our goal is to reduce our methane by more than 30 percent by 2030 , outperforming one of the key COP26 objectives
future . He is especially keen to assist the government to achieve its ambitious netzero targets . “ We do need to decarbonize . What we would see in the longer term is the replacement of methane with hydrogen . This could be both for industrial customers where there ’ s very little contention over the fact that heavy industry will need hydrogen as a replacement fuel for its processes , but also , in due course , as an option for domestic consumers too . Many of those consumers will ultimately have electrified heat sources , but we expect that hydrogen will play a leading role too .
“ In the meantime , we ’ re focused on driving our methane reductions down . Our goal is to reduce our methane by more than 30 percent by 2030 , outperforming one of the key COP26 objectives . We ’ re investing in technological advancements to target methane leaks , because despite very low levels of leakage , it is more potent as a greenhouse gas than CO 2
,” he says .
Progressive partnerships
While hydrogen is becoming more critical to the industry , there are still unknowns concerning the practicality of its usage in sectors across the country . This is why , he notes , Cadent is working around the clock to investigate how to make the energy source accessible , safe , and sustainable . “ We ’ re a lead partner in the HyNet North West industrial cluster project , which is a low
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