Context
To achieve the climate change objectives in the Paris Agreement, many countries are turning to green hydrogen (H2) and its derivatives. Industries such as steel, chemicals and aviation play a particularly important role in the transition away from fossil fuels. Green hydrogen and power-to-X (PtX) technologies are becoming increasingly important in achieving climate protection targets.
PtX refers to technologies that allow green electricity to be stored and reused in various energy carriers. However, market growth in low and middle-income countries requires targeted support to pinpoint cost-effective pathways for production and use, identify project opportunities and develop business models.
Objective
Markets for green hydrogen technologies in the Global South have been further developed through partnerships with German industry and public-private pilot projects.
Approach
Entrepreneurial commitment, expertise and willingness to invest are key drivers of market development. The project therefore mobilises companies and supports them as key players.
However, entering new markets often involves considerable effort and risk. The project therefore provides companies with know-how and a broad range of country specific expertise for the development of hydrogen project along the value chain transforming energy systems.
The network of German Chambers of Commerce Abroad (AHKs) is an important implementation partner.
Last update: October 2024