Commercial Sustainability Of Hydrogen Strategy Project Of UK Government

Commercial Sustainability Of Hydrogen Strategy Project Of UK Government

Introduction - Commercial Sustainability Of Hydrogen Strategy Project Of UK Government

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In order to the transformation to a net-zero situation, Hydrogen is the one and only nuisance of new and low-carbon solutions that may be in condemning condition in the future. The low-carbon hydrogen is also known as Green Hydrogen. On account of having the properties to bring down the rate of emission of the carbon in the industry belt region of the United Kingdom, the low carbon hydrogen can be able to become an adaptable replacement for the high carbon fuels in the present United Kingdom. Owing to being a part of deeply decoke as well as a part of the viable energy system, the low carbon hydrogen gives energy for heat, power, and support.

Background

The government of the United Kingdom has a challenge by 2030. Therefore the plan for United Kingdom Hydrogen set out the specific case can say situations, in order to identify the storage, production as well as the distribution of the hydrogen that will imply the economic condition of the state mainly the rate of employment varies. Because if there is any new launching about the technology it increases the rate of employment in the industrial region of the state. The project is actually leading the way in accord with the right goals as well as the specific principles. In accordance with the road map, it is possible to distinguish the way of influencing the hydrogen economy in the matter of the scaling up of the upcoming situation of the industry. The strategy joins forces with actions with clear as well as the long-term direction in order to unlock the alteration and investment reproving in order to meet the ambition. The plan of action sets out the case for the sake of low carbon hydrogen, shaping, in brief, the way of production and the use in the eve of giving an explanation of its potential. The government of the United Kingdom stands out that the aim is to reach the goal of 5 Gigawatts of low carbon hydrogen productivity by the year 2030. That can minimize the industrial emission In the UK by approx 24% by the year 2050, emissions in fuel supply by 7%, and shipping emissions by 29%.

Importance

In today's world, the hydrogen strategy going popular in order to meet the net-zero condition. It plays a vital role in the energy sector too. On account of making use of all kinds of benefits of not only the sustainable but also the renewable energy too. Therefore, the technology that is related to hydrogen, is now become the subject of research. Although there are so many spheres of technology, material-based techies are the long-term solution. In order to have a high level of energy content per unit of weight, hydrogen is very convenient as an energy resource. Therefore hydrogen is being used as rocket fuel. This is also used as a fuel cell in order to produce electricity on a few spacecraft.

Research aim

The aim of this research is to find the commercial sustainability of the hydrogen strategy project of the UK government in terms of supply chain and market the scale of deployment, innovation, job opportunity, and private investment, working across a variety of sectors such as steel production, transport, household heating, power plant, etc.

Literature review

According to Carboni et al. (2018), Project management is increasingly shifting away from its conventional concentration on cost, time, and scale and focusing on accomplishing the goals in the strategic plan while keeping a resource lifecycle focus. The P5 principles serve as the foundation for sustainable project management. P5 is an acronym that stands for Planet, People, Prosperity, Process, and Process. The P5 benchmark is a process that aids in the integration of portfolios, programs, and initiatives with an organizational approach for sustainability. This concentrates on the environmental, societal, business bottom boundary, and local economic aspects of project procedures and outcomes. The elements of P5 define the activities to be adopted by the project manager to accomplish a sustainable project in a sustainable manner. The P5 is not provided any formula on how to establish a sustainable project but it gives the foundation and principles of how to achieve it. This can be achieved through the PRiSM project management methods.

According to Kadykova et al. 2020, the challenge of project, cognitive, and strategic management incorporation in the network of exchanges between the management topic and the restoration involves setting. The converging point in the strategic development of any project management is viewed via the cognitive lens. In the topic of unstructured nonlinear ecosystems of "subject-environment" connections administration, the main interdisciplinary techniques are defined. The project methodology took into account issues such as the placement of intents, goal formulation, and their linkages. The relevance of cognitive, strategic, and project methodology convergence from the standpoint of the management of the strategic project is demonstrated. Connections between the cognitive information process of acquisition and project assimilation administration throughout lifecycle realization were discovered.

According to Bogdanova, Parashkevova & Stoyanova, M. (2020), Agile PM (project management) arose in response to numerous key issues at work. The ambition to create value at each level of execution, in an inventive and creative way, is the key idea that separates agile management from the traditional management approach. In this aspect, the restrictions associated with the traditional method conflict with the agile approach's openness to challenging conditions. The benefits of the agile method may be summarised in numerous ways. They begin with a dynamic organisational framework and then conduct activities repeatedly. This allows you to establish inferences at each repetition and alter performance as needed. Process monitoring occurs at shorter time frames and therefore does not enable transfer to the next stage without the completion of the previous steps.

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Methodology

Research philosophy

The philosophy of interpositivism will be used as the research philosophy for the study of “commercial sustainability of the hydrogen strategy project of UK government” (Mardiana, 2020). This philosophy assumes the controllability and predictability of the future. 

Research approach

The deductive research approach will be used in this research topic. In the deductive approach, the research process moves from general to specific inference and used different theory testing (Melnikovas, 2018). This would be a useful research approach for the finding of commercial sustainability of the hydrogen strategy project of the UK government.

Research strategy

The descriptive research strategy used in this research topic of commercial sustainability of the hydrogen strategy project of the UK government (Abdelhakim, 2021).

Research method

Secondary research methods will be adopted for this research topic.

Data collection

Data collection is an important element of any research study. The process of collection of information related to the topic from different available data sources to get the solution to the research problem is referred to as data collection (Garcia & Mayorga, 2018)). This process helps in the process of evaluation of the results and is able to predict possibilities and trends of any problem related to the project. This data collection process is started with basic data related to the topic and further progress with the type and volume of data that has to be collected. There are two types of data collection methods. These are secondary data collection and primary data collection. The method of data collection is involved with the identification of types of data, the success of these data collection, and the methods that are used for the data collection.

The secondary data collection method will use for the research proposal on the topic “commercial sustainability of the hydrogen strategy project of UK government”. The method of secondary data collection is referred to as the collection of data and information related to the topic that is already available in the various data source. In the secondary data collection, data will be collected from various existing literate available in different online articles, journals, government websites, and many other authentic sources related to the project hydrogen strategy of the UK government (Olabode, Olateju & Bakare, 2019). For this research data will be collected differently on the basis of keywords and related topics. After collecting all the secondary data, these data undergo statistical or qualitative data analysis as per the requirements of the research objectives. Researchers who write about the success of the project frequently employ mail-out surveys and the Rating scales. They favor open tactics such as an in-depth discussion versus evaluation or investigative inquiries. Subjects are assumed to have roughly the same point of context and impression of the measurement scale in this viewpoint, however, this is obviously not the reality. Saving money is frequently given as a rationale for using this strategy (Lee, Kim & Desta, 2020). However, it is evident that investigators say, more or less inherently, that they have found or disclosed the laws or rules guiding relations among various elements of society and culture symbolized by a proposal and, as a result, take an "objectivist" framework for studying project success. hence the secondary data collection method will be performed for this research. All the literature related o the topic from 2018 to the current year will be reviewed to establish the research aim.

Data analysis

The data analysis of this process will be based on th qualitative and quantitative data analysis. The qualitative data analysis of the collected data will be examined and interpreted o find the outcomes of the research. Qualitative data is unstructured nonnumerical data. For the analysis of the qualitative data, coding is very important the coding of qualitative data help to find the theme and the relationships among the collected data from available sources. Th encoding means organizing and labeling collected data (Cao et al. 2020). These labels could be phrases, numbers, or words. It will be very easy to analyze coding with short phrases and words related to the topic. Such as “ hydrogen project of UK gov”, “sustainability of hydrogen project”, “commercial sustainability of hydrogen project”, “scale of deployment of hydrogen project”, “ innovation opportunity of hydrogen project by UK gov”, “private investment of hydrogen project by UK gov”, “hydrogen project”, and “Job opportunity of hydrogen project by UK gov”. The coding of qualitative data helps to interpret the findings of the research topic. The assignment of code to every phrase and word for the corresponding response helped to gather the information on the commercial sustainability of the hydrogen project by the UK government. The coding and other qualitative data analysis processes will help to take the data-driven decision-making process. The coding of the qualitative data could be automated using different software analysis tools or manually (Flynn, Albrecht & Scott, 2018). The software analysis of coding of qualitative data used the thematic analysis or thematic code. This coding process finds themes in different text of the code and then analyze the meaning.

The majority of project performance research is quantitative. The cost/time/quality triangle contains two easy to quantify aspects; therefore, the usage of statistical approaches for data analysis. It is noteworthy that no research in the publications published in 2018 employed a literature review. In reality, the normative/rationalist viewpoint dominates project management studies (Zhou et al. 2018). Many project success analyses make extensive use of descriptive analysis; they employ numerical techniques of computation to acquire data on dispersion and central tendency (mean, mode, median, frequency, and so on) or employ graphics (for example, frequency distributions). Such statistics summarise project duration and cost or categorize project milestones or project success components in descending order. Multivariate statistical approaches have been frequently employed because the successful project is multidimensional (Rodriguez et al. 2019). Earlier on, special emphasis was placed on multivariate analytic techniques such as variance analysis and multiple linear regression using explanatory factors. Regression analysis characterized successful project studies. This application of statistical investigation is certainly not unbiased: linear regression is both a statistical tool and a means of seeing a social structure. The basic assumption is that the same factors should create the same consequences; for example, project management success elements are fundamental and project managers surpass projects. Focusing on these success criteria would, all else being equivalent, rationally contribute to project management.

Critical Evaluation

The philosophy is a wide examination plan that characterizes how studies ought to be completed. It comprises of a bunch of convictions and standards that influence the information on the exploration themes and guide the choice of examination systems. A proposition or thesis' examination techniques is a fundamental part that helps to keep up with consistency across the assets, methods, and center way of thinking (Uribe et al. 2018). One strategy of fostering a systemic way to deal with research is reliant upon the philosophical thought of the "research onion" given by Saunders et al (2016). The examination onion gives an extended outline of the fundamental layers or steps that should be finished to foster a fruitful strategy.

Philosophy

Choosing to reason in future exploration may be troublesomely attributable to the absence of genuine verification representing things to come. To choose a reasonable way of thinking, the practical region of the review and pertinent information assets are not entirely set in stone (Carboni et al. 2018). Since positivism depends generally on quantitative information, interpositive will be applied for this situation in light of the fact that the review will focus on the use of subjective data.

Approaches

Choosing the fitting methodology also is subject to the examination approach and theory utilized - rational hypothesis configuration interaction could well be associated with expectation, as insightful thinking leads to specific discoveries that are sensible basics, and laid out hypothesis is checked or approved through an assortment of information. In future exploration, the insightful methodology is centered around projections from an earlier time.

Methodology

The examination system is an expansive methodology that helps the scientists in choosing key information-gathering strategies or blends of techniques to address the exploration questions and fulfill the examination objectives. Make the ideal/undesirable situation and the courses or grouping of occasions that will prompt it (Bogdanova et al. 2020). Those systems could be utilized in exploration to accomplish explicit review points, for example, portraying the specific qualities of proceeded with advancement, what the future would be like, recommending a bunch of measures to accomplish a favored future, and investigating the plausible advancement of forthcoming turns of events. Engaging technique is connected with anticipating and logical thinking since it for the most part attempts to give a precise record of future events.

Methodological choice

The optional information assortment technique will be utilized in this exploration. This stage determines whether subjective and quantitative methodologies or different mixes of both would be utilized. Subjective examination approaches involve measurements and numerical strategies, while subjective procedures involve the gathering of a lot of engaging investigation. At the point when the review is focused on either subjective or quantitative information assortment, a particular interaction is used; blended strategies - subjective and quantitative techniques used inside the review to achieve various objectives and make up for the limits of a particular procedure; multi-strategy decision reduces the utilization of both quantitative and subjective strategies, regardless of whether the review is centered around one of them, while another technique is advantageous or helper. The auxiliary information assortment process enjoys various benefits. In this cycle, different data and information has been accessible promptly and information a similar time there are enormous wellsprings of optional information (Aini, Zaharuddin & Yuliana, 2018). This course of information assortment is more affordable when contrasted with essential information assortment. The gathered information can give a conspicuous thought of the examination point, simultaneously the interaction is less tedious since it isn't expected to gather information from the task destinations or roots. The similar and longitudinal investigations will be simpler to perform with the optional information.

Time horizons

Based on the objectives of the research the time horizon of this research will be mid-term.

References

Journal

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