A startup from Erlangen, Germany is advancing the development of a liquid organic hydrogen carrier. With various corporations like Bilfinger und Schaeffler, the technology company is trying to make the innovative solution for green hydrogen more economical worldwide. At the end of 2023, the largest storage and release plant thus far is to appear in Chempark Dormagen, near Cologne. It should be able to produce and store 1,800 tonnes of hydrogen annually. Demand is widely abundant.
Although the Nordic countries are characterized by widely different sectoral setups and geographies, they do share many traits such as being welfare democracies with flexible labor markets and long traditions for environmentally friendly policies and highly adaptable energy sectors.