Green hydrogen as the key to the energy transition
Green hydrogen plays a crucial role in reaching the climate targets and forms one of the key pillars of the VERBUND strategy. For VERBUND, green hydrogen is a logical extension of the value chain for positioning ourselves as a holistic decarbonisation partner for our customers, both with green electricity and with green hydrogen. VERBUND Green Hydrogen GmbH was founded with the goal of covering the increasing demand for competitive, green hydrogen in order to secure industrial centres.
VERBUND advancing decarbonisation with green hydrogen
We opt for green hydrogen
As a raw material, source of energy and storage medium, green hydrogen offers an enormous potential for contributing to the decarbonisation of energy and CO2-intensive processes. Nowadays, hydrogen is mostly generated from fossil sources of energy, such as natural gas. The electrolysis of water with electricity from renewable sources gives rise to carbon-free, green hydrogen.
Diverse potential for the use of green hydrogen with us as a partner
- Further processing into chemical raw materials for direct use in industry (e.g. steel, chemicals or fertilisers)
- Application as a fuel in the transport sector, mainly in the heavy load segment
- Storage and re-conversion of volatile wind and solar power as well as provision of grid services
Industry
Decarbonisation partner for CO2 savings targets
Transport
Hydrogen as a fuel, especially in the heavy transport segment
Flexibility
Provision of grid services for the transmission network
Project development
VERBUND as a partner along the value chain
Expansion of hydrogen production
The use of green hydrogen is especially needed in those sectors that have limited opportunities for electrification. We are therefore developing hydrogen projects together with customers in hard-to-abate sectors such as the steel industry, (petro-)chemicals and mobility. Using the know-how of an integrated energy company, our experts rely on in-depth experience from the fields of power plant construction and power trading, and expand the VERBUND portfolio with green hydrogen. Production on the customer’s premises ensures instant, reliable availability of green hydrogen.
Establishing the green hydrogen economy via import routes
Only by developing diversified hydrogen import routes can the rapidly growing demand for green hydrogen be covered under competitive conditions and thus the industrial location secured for the long term. At the same time, fossil dependencies are largely reduced. We are therefore expanding the value chain with international generation as well as with the transport and marketing of green hydrogen. Here, too, international partnerships and networks are critical to success.
VERBUND – involvement in international networks
Achieving climate neutrality is a joint effort. VERBUND is therefore represented in various networks and associations and is actively involved in the establishment of an international hydrogen economy.