The Energy committee is one of the largest and most active IBC Working Groups with around 40 companies and institutions from more than 10 countries attending. The participants of the committee meetings receive and contribute to insights on the latest developments of the various facets of the gas and energy industry.
The committee meets thrice per year at alternating locations. Usually member companies of the IBC host the meetings and can present themselves at this occasion. The meetings form a platform to address recent developments and challenges for natural gas industry. These cover technical developments, infrastructure and new technologies and their impact along the entire value chain of this commodity.
The latest topics were the impact on the gas industry from the epochal changes in the European and Global energy system in light of the planned phase-out of traditional energy sources like coal or nuclear, the decrease of indigenous gas production in Europe or the decarbonization ambitions of politics and society. The Energy Committee discussed alternative pathways to decarbonization and how gas can be part of a solution in this context. The lively exchange of industry experts from many countries has often granted new insights, e.g. when discussing the question whether the global thrive to establish hydrogen as a central pillar of the energy system can be successful within the ambitious targeted time frames.
Speakers are usually from member companies and present recent developments in the energy industry. Just to mention some highlights of the recent meetings, Gazprom underlined the importance of focusing on clean hydrogen instead of green hydrogen, while Linde presented prerequisites for the economic viability of hydrogen projects. Uniper Global Commodities emphasized the significant role of gas in this phase of transition and Shell elaborated on the question whether the hydrogen boom is a threat or opportunity for energy companies.
The presentations provided during the Energy committee meetings are usually published on the IBC website in the Publications section allowing IBC members access to a great knowledge base from various companies.