05.08.2021 | Hydrogen projects – Australia, Oman, Spain and Germany moving forward
Green hydrogen, which is produced with power from renewable energy sources, is considered a key technology for the global energy turnaround and industry decarbonisation. Axpo intends to develop know-how on this topic and realise leading-edge projects. Many other companies around the world are also making plans in this area. Some of them want to stir things up with a really big spoon. A few examples:
With its hydrogen strategy, the European Commission wants to make the EU a pioneer in the use of hydrogen as an energy source. More details here . Germany also calls for the use of hydrogen on a broad scale under its hydrogen strategy and with subsidy funds amounting to 7 billion Euros. A total of 700 million Euros alone will be used for three major research projects for the serial production of electrolysers in Germany. In addition, inexpensive global transport methods are being researched – as well as the technology to generate hydrogen from wind power on the high seas. As reported by the "Handelsblatt", Germany wants to secure a piece of the growth market with hydrogen, which according to an EU study could generate sales of over 800 billion Euros by the year 2050. Consortia and major corporations such as Siemens, Thyssen-Krupp, RWE and Shell are involved in the projects.