Disruption Potential Assessment of the Power-to-Methane Technology

Dynamic Corporate Governance, Innovation, and Sustainability: Post-COVID Period

Recent complex changes of the organizational environment urge the boards of directors of energy corporations to step up quickly in crises (e.g., COVID-19) and foster innovation, to seize new strategic opportunities (e.g., environmental, social, and governance (ESG) investments). The purpose of the study is to provide in-depth analyses of ESG projects during the COVID-19 pandemic, through the lens of an emerging theoretical approach, dynamic corporate governance (CG). The research is built on the multi-case study method at large energy companies and energy startups. The research goal was to empirically analyze theoretical opportunities of dynamic board behavior in this research context. The major findings show that ESG projects faced serious challenges in the fast-changing organizational environment generated by COVID-19, which induced board intervention regarding innovation, networks, and organizational changes. This study is among the first to offer a novel theoretical viewpoint, by integrating CG and strategic management theories, besides the already dominant financial and reporting aspects. From a practical perspective, our conclusions might direct the attention of boards of directors toward innovation, networks, and organizational changes, in order to enable adaptation in turbulent times and increase sustainability in the social and environmental dimensions.

Seasonal Energy Storage with Power-to-Methane Technology

To have a sustainable society, the need to use renewable sources to produce electricity is inevitable [...]

Past, Present and Near Future: An Overview of Closed, Running and Planned Biomethanation Facilities in Europe

The power-to-methane technology is promising for long-term, high-capacity energy storage. Currently, there are two different industrial-scale methanation methods: the chemical one (based on the Sabatier reaction) and the biological one (using microorganisms for the conversion). The second method can be used not only to methanize the mixture of pure hydrogen and carbon dioxide but also to methanize the hydrogen and carbon dioxide content of low-quality gases, such as biogas or deponia gas, enriching them to natural gas quality; therefore, the applicability of biomethanation is very wide. In this paper, we present an overview of the existing and planned industrial-scale biomethanation facilities in Europe, as well as review the facilities closed in recent years after successful operation in the light of the scientific and socioeconomic context. To outline key directions for further developments, this paper interconnects biomethanation projects with the competitiveness of the energy sector in Europe for the first time in the literature. The results show that future projects should have an integrative view of electrolysis and biomethanation, as well as hydrogen storage and utilization with carbon capture and utilization (HSU&CCU) to increase sectoral competitiveness by enhanced decarbonization.

Hydrogen Economy Development Opportunities by Inter-Organizational Digital Knowledge Networks

Innovative power-to-X (P2X) technologies, as a set of emerging new solutions, could play a crucial role in creating sustainable, carbon-neutral economies, such as the hydrogen economy. These technologies, however, are generally not yet implemented on a commercial scale. This research focuses on how innovative, digital inter-organizational knowledge networks of industry representatives and universities could contribute to the commercial implementation of P2X technologies and increase the pace of sustainable hydrogen-based development. The findings of an extended case study with a hybrid (qualitative–quantitative) methodology and a five-year time horizon, suggest the need for a digital knowledge platform, where universities and industry representatives add and combine their knowledge. In contrast with expectations, however, the empirical results show that academia would, not only be capable of supporting the exploration of new solutions, but foster the exploitation of more mature technologies as well. Similarly, large energy companies could also drive exploratory activities, not only exploitative ones. The findings highlight the possible central role of the “system builder” actor, who integrates exploitative-explorative learning and facilitates the formation of a (digital) innovation ecosystem. By exceeding the dominant techno-economic and environmental aspects, this research contributes to the literature by highlighting the applicability of network-based innovation management theory for hydrogen economy research.

Seasonal and Multi-Seasonal Energy Storage by Power-to-Methane Technology

The time-range of applicability of various energy-storage technologies are limited by self-discharge and other inevitable losses. While batteries and hydrogen are useful for storage in a time-span ranging from hours to several days or even weeks, for seasonal or multi-seasonal storage, only some traditional and quite costly methods can be used (like pumped-storage plants, Compressed Air Energy Storage or energy tower). In this paper, we aim to show that while the efficiency of energy recovery of Power-to-Methane technology is lower than for several other methods, due to the low self-discharge and negligible standby losses, it can be a suitable and cost-effective solution for seasonal and multi-seasonal energy storage.