H2Tech - Q3 2022 - 38
SAFETY AND SUSTAINABILITY
nies will have a standard that provides
practical guidance on the types of technical
safety studies required for capital
projects. This standard intends to ensure
that the correct studies are performed at
the right time. However, suppose that
safety studies are left to detailed design
phases. In these cases, costly change orders
and schedule impacts attributed to
a redesign can cause frustration simply
because the appropriate safety studies
were not conducted to the level of detail
best suited to the available project data
throughout the process. Embedding
this process into the ESG strategy will
ensure that the safety of key stakeholders
is addressed with the rigor required
to ensure the reduction of operationalrelated
risks to the business.
ESG meets safety in capital projects.
Each technical safety study can be
aligned with one or more of the environmental,
social and governance aspects of
ESG, as shown in FIG. 3.11
The key to sucFIG.
3. Example of H2 potential impacts (Note: distance to orange threshold is area of high hazard).11
cessful integration of safety in a capital
project is the stage-gate review process,
which should have a dedicated team
with representation from various key
stakeholders as well as external subject
matter experts (SMEs) and a corporate
senior management representative who
oversees health, safety and environment
(HSE). This stage-gate review committee
should be an integral part of a capital
ESG project strategy and part of the reporting
plan. Getting this right is the first
step to ensuring that your stakeholders
(internal and external) see leadership's
dedication to the environmental and social
aspects of process safety.
H2
is a fuel with unique properties10
FIG. 4. Example of HAZOP impact of ESG.
,
making it a challenging concern for safe
operations. With a high potential of ignition
and the probability of high blast
impacts, H2
is a life safety issue onsite
and offsite and can potentially cause
catastrophic injury to personnel, business
interruption and financial risk. Simply
meeting regulatory requirements is
likely insufficient to demonstrate a safety
commitment to a company's key stakeholders,
especially considering some
technologies are in a grey area regarding
regulatory requirements, including size
and scale of operations. An example of
the misalignment between regulatory requirements
and potential impacts on the
environment, onsite employees, offsite
population and, ultimately, the business
is provided in FIG. 3.
Following the proposed capital projFIG.
5. Example of consequence and risk-based facility siting impact on ESG.
38 Q3 2022 | H2-Tech.com
ect safety plan helps close the gaps important
to internal and external stakeholders.
FIGS. 4-6 highlight examples of
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H2Tech - Q3 2022
Table of Contents for the Digital Edition of H2Tech - Q3 2022
Contents
H2Tech - Q3 2022 - Cover1
H2Tech - Q3 2022 - Cover2
H2Tech - Q3 2022 - Contents
H2Tech - Q3 2022 - 4
H2Tech - Q3 2022 - 5
H2Tech - Q3 2022 - 6
H2Tech - Q3 2022 - 7
H2Tech - Q3 2022 - 8
H2Tech - Q3 2022 - 9
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H2Tech - Q3 2022 - 37
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H2Tech - Q3 2022 - 39
H2Tech - Q3 2022 - 40
H2Tech - Q3 2022 - 41
H2Tech - Q3 2022 - 42
H2Tech - Q3 2022 - Cover3
H2Tech - Q3 2022 - Cover4
https://www.nxtbook.com/gulfenergyinfo/gulfpub/hydrogen-global-market-analysis-2025
https://www.nxtbook.com/gulfenergyinfo/gulfpub/h2tech-market-data-2024
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q4_2022
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_marketdata_2023
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q3_2022
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_electrolyzerhandbook_2022_v2
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q2_2022
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_electrolyzerhandbook_2022
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q1_2022
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q4_2021
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q3_2021
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q2_2021
https://www.nxtbook.com/nxtbooks/gulfpub/h2tech_q1_2021
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