Germany has been in talks with hydrogen supplying nations, specially Nigeria to build a supply of the gas to replace fossil fuels. German has multiple commitments under the 2015 Paris climate agreement asks for an innovative approach to deal with a fuel like hydrogen which can become an energy source for heavy industries.
Germany understands the cost issue between OPEC nations and Russia and wants to avoid it.
While Russia is struggling with OPEC nations, Hyundai’s hydrogen-powered truck is due to arrive in Switzerland.
Hydrogen now is used in multiple industries like in the production of ammonia.
Wolf-Dieter Lukas of Germany’s Education and Research Ministries said: “Unhindered competition will be the mainspring of this global economy. Unlike in the oil economy, I don’t expect cartel formation.”
The planning of replacing oil, natural gas and coal with hydrogen is being undertaken by four German ministries. The outline is supposed to be in public before the end of this month. There have been assumptions that this announcement may take place at the annual Berlin Energy Days congress.
Apparently, Hydrogen is a gas with multiple benefits including it being the lightest element, most abundant element and can support the temperatures of above 1,000° which is helpful heavy engineering industries like cement manufacturing, steelmaking and oil refining.
According to the reports, more than half the energy used in Switzerland comes from hydropower and they have a huge potential and appropriate technology to be able to extract hydrogen from water with electrolysis, which can be a carbon-free process. This has led to an increase in Switzerland’s attention to hydrogen. Germany, like any other country who wants to support hydrogen production, is looking to subsidise the hydrogen technology. Earlier this year, in January, Germany signed a deal with Nigeria to research on hydrogen supply chains jointly in 15 of the western African states.