23.11.2023 / 09:00
Intercontinental Transport of Hydrogen and its Derivatives
Green hydrogen is anticipated to play a key role in Germany’s goal of climate neutrality by 2045. To this effect, Germany‘s updated National Hydrogen Strategy sets a target of installing 10 GW of domestic electrolysis capacity by 2030. This would enable the production of approximately one million metric tonnes of hydrogen annually. However, it is anticipated that Germany’s domestic production capabilities would only satisfy approximately 26-35% (about 33TWh) of the country‘s hydrogen demand for 2030 (95-130 TWh). Therefore, hydrogen imports will play an important role in meeting Germany’s domestic demand.