Hydrogen is crucial to achieve carbon neutrality and EU has a hydrogen strategy, targeting to produce 10 Mt of and import 10 Mt of green hydrogen (H2) in 2030. To support the usage of hydrogen, a backbone of distribution pipelines are planned.
Green hydrogen significantly reduces CO2 emissions, when fossil fuels are phased out in industries e.g. steel, chemicals, cement, and fertilizers. In heavy transport electrification is not always practical. Hydrogen and it’s derivatives, such as ammonia and e-methanol, are promising alternatives for long-haul trucking and maritime transport.
Solar and wind power accounted for 30% of Europe’s electricity production in the first half of 2024, an 8% increase from 2022. This rapid development continues. On sunny and windy days, production is high, leading to low or negative electricity prices. Hydrogen offers a solution for storing excess energy from these sources, smoothing out production patterns. This is essential for managing the intermittency of renewable energy sources.
Our customers are today moving from conceptual thinking to project planning and construction of previous ideas. Hydrogen propels a new era of industrialization in the forefront of the green transition