Germany’s H2 Mobility network of hydrogen fueling station operators as part of its efforts to promote infrastructure for fuel cell vehicles. Hyundai Motor’s German unit, which has been a participant in the project since 2017, will soon become the seventh stakeholder after receiving authorisation from Germany’s cartel office.
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BloombergNEF estimates that to generate enough green hydrogen to meet a quarter of the world’s energy needs would take more electricity than the world generates now from all sources and an investment of $11 trillion in production and storage. That’s why the focus for now is on the 15 percent of the economy with energy needs not easily supplied by wind and solar power, such as heavy manufacturing, long-distance trucking, and fuel for cargo ships and aircraft.
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