Almost 70% of market players expect the widespread use of climate-neutral hydrogen in the energy sector, but are more cautious about the development of the hydrogen market in Germany than in the previous year. The H2 market index fell from 44 to 41 points. This is shown by the H2 Market Index, which has now been presented.
The survey was carried out by the Institute of Energy Economics at the University of Cologne (EWI) on behalf of eight industry associations. The aim of the H2 Market Index is to record market players' perceptions of hydrogen development in Germany and to provide decision-makers in politics, business and science with a sound basis for further action.
While infrastructure expansion was the only area to see an increase in ratings (from 31 to 35 points), the ratings for the innovation environment (from 57 to 55), the political/regulatory framework (from 41 to 38) and market development (from 45 to 37) fell slightly.
The most important drivers of the hydrogen ramp-up are the political objectives, the creation of investment security and supply-side subsidy programs. At the same time, high investment costs and risks as well as the limited availability of hydrogen are cited as the biggest obstacles.
The survey was commissioned by
- AGFW | The Energy Efficiency Association for Heating, Cooling and CHP e. V.
- DVGW German Technical and Scientific Association for Gas and Water
- H2Global Foundation
- German Association of the Automotive Industry (VDA)
- German Chemical Industry Association (VCI)
- German Energy and Power Industry Association (VIK)
- VDMA e.V. - Europe's largest mechanical and plant engineering association
- Association of Municipal Enterprises (VKU)
You can find the entire German press release here.
Detailed information in German can be found on the H2 Market Index website
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