Wa’el Almazeedi

Wa’el Almazeediis Co-founder and CEO of Avance Labs, a data-driven net zero accelerator established to decarbonize products across supply chains and finance first-of-a-kind energy transition projects by, among other things, pioneering digital product passports and structuring privately and publicly funded financing mechanisms.

He is a recipient of the 2006 EY Entrepreneur of the Year Award in the Energy Category for the New England Region of the USA.

He acquired his experience in energy, project financing, private equity, and multilateral development while working in Boston, Dubai, Hong Kong, Kuwait, London, Yokohama, and Washington D.C.

He is a member of hydrogen and energy transition advisory committees in Saudi Arabia and Kuwait and is the lead author of the Kuwait Hydrogen Strategy and Roadmap White Paper.

In 2007, he conceived of and prepared a pre-feasibility study for an undersea HVDC cable project linking Tunisia with Sicily, which has recently been transformed into a European Project of Common Interest (PCI).

Session Overview

Wednesday, 6 November

10:00

10:00 - 10:45

Setting the standard: defining clean hydrogen

The absence of clear international standards and certifications, defining what constitutes clean hydrogen, is causing market confusion and uncertainty. Variations in production methods and feedstocks results in significant differences in validating the carbon footprint of hydrogen. Robust international certification is required to ensure global industry standards and a common baseline for clean and low emission product qualifications. To ensure market integrity and fair competition, how can hydrogen producers and buyers collaborate with regulatory authorities to align, monitor and report clean hydrogen standards?

Attendee insights:

Gain a better understanding of why international standards and certifications to define clean hydrogen are critical in the development of the hydrogen economy, and how the standardisation of a cohesive and transparent hydrogen market, based on globally agreed standards, will build trust among stakeholders.