December 2nd, five federal states of Bremen, Hamburg, Mecklenburg-Pre-Pommerania, Lower Saxony and Schleswig-Holstein announced the joint launch of the Green Hydrogen Energy Initiative “HY-5” to improve the green hydrogen value chain, promote new economic development and structural transformation, and help North Germany. The Ministry has become a “hydrogen energy hotspot” in Europe.
The initiative hopes to encourage more think tanks, scientific research institutions and start-ups to settle in North Germany and jointly develop green hydrogen energy solutions with existing local industrial clusters to achieve the goal of forming a hydrogen energy economy by 2035, that is, to expand the size of the hydrogen energy market and significantly increase the proportion of hydrogen energy consumption.
Specifically, by 2025, support the installation of renewable hydrogen electrolytic cells of at least 500 megawatts in northern Germany; by 2030, hydrogen production capacity will be increased tenfold, that is, to at least 5 gigawatts (1 gigawatt = 1 trillion watt = 1,000 megawatt).
According to a new OECD study, North Germany not only has a unique geographical advantage in the production of renewable energy, but also has a huge potential for green hydrogen energy purchase, so it is very suitable for developing a green hydrogen energy economy.
At the same time, the above five federal states have rich professional knowledge and experience in the field of sustainable development technology and energy, and the supporting infrastructure is also perfect. They are also pioneers of German wind energy technology.
The study believes that this knowledge and experience can be put into hydrogen energy production and commercial applications. In addition, the region has carried out hydrogen energy technology research for 30 years, and has formed a key network of economic, scientific research, political and other social links, which can further deepen and promote relevant cooperation.
Michael Westhagman, a member of the parliamentarian for economic and innovation in Hamburg, said on the 2nd that North Germany will work together to develop the hydrogen economy, help the industrial sector achieve decarbonization, and play the role of Europe’s leading economic and innovation base.
According to him, Hamburg has begun to create value creation and business models for decarbonization in the industry, and Hamburg Port will also be committed to becoming a European logistics hub for green hydrogen energy.