Towards a CO2-neutral hydrogen economy: 5 THESES

Towards a CO 2 -neutral hydrogen economy : 5 theses

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THE PATH TOWARDS COMPETITIVE GREEN H2 IS LONGER AND MORE COMPLEX THAN SUGGESTED .
ECONOMIC BATTLES THAT H2 CANNOT WIN , MUST BE DEPRIORITIZED EARLY ENOUGH .
THE CARBON FOOT- PRINT OF H2 NEEDS TO BE CONSIDERED MORE REALISTICALLY .
GERMANY WILL NOT BE ABLE TO PRODUCE ITS ENTIRE DEMAND OF GREEN H2 DOMESTICALLY .
PLAYERS THAT CANNOT COMPETE INTERNATIONALLY SHOULD AVOID THE FIELD .
While publications and funding programs assume competitive production of green H2 , the reality looks different . Although promising potentials along the value chain can be identified , it is not yet possible to achieve economic viability or sufficient market maturity .
There are application areas within the mobility and building sector where H2 will foreseeably be without real economic opportunities . In such fields , fewer resources should be invested in publicly funded R & D and the government should deploy funding in a more targeted manner .
Media too often portray H2 – in all its colorful schemes – in a clearly climate-neutral light . This is not the case , especially when considering the entire value chain . Efforts to achieve mutual agreements and standards at the European level are needed to immediately reduce emissions .
Following the shutdown of German nuclear power and coal , Germany faces a major challenge in providing sufficient sustainable electricity . As a consequence , we will be more dependent on imports from sun-rich countries of southern Europe and the MENA region .
Subsidies from Germany and the EU suggest companies of all sizes future-proof investments into a secure growth area . Looking at the international competition , this is not the case . To succeed globally , a critical size , a strategic approach and staying power are needed .
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