To achieve our ambitious climate targets and reduce our dependence on fossil fuels, we are pushing the production, transport, and use of green hydrogen. Together with partners from various industrial sectors, we are implementing local projects and promoting the establishment of a green hydrogen economy via import routes. We address the entire value chain – from hydrogen production, to transport, to customer use.
Only by developing diversified hydrogen import routes will it be possible to meet the rapidly growing demand for green hydrogen at competitive conditions, therefore securing the Group’s long-term position as a business site. Dependence on fossil fuels is simultaneously reduced significantly. We are therefore expanding our value chain to include international production, transport, and marketing of green hydrogen. International partnerships and networks will be crucial to success here as well.
The use of green hydrogen is particularly in demand in those sectors where the possibilities for electrification are limited. That is why we are developing green hydrogen projects together with consumers from hard-to-abate sectors such as steel and (petro)chemistry, as well as the mobility industry. With the know-how of an integrated energy company, our experts can rely on their solid experience in power plant construction and electricity trading, and are adding green hydrogen to the VERBUND portfolio. On-site production at the costumers’ sites ensures that green hydrogen is available immediately and reliably.
"German Association of Energy and Water Industries"
Association for funding the research and development in the fields of application, net and storage technologies for hydrogen and renewable gases
