GPCCI examining the Philippine green hydrogen market as a potential future energy source

The German-Philippine Chamber of Commerce and Industry (GPCCI) stated that it is examining the Philippine market for green hydrogen as a potential future energy source.

“The German-Philippine Chamber of Commerce and Industry, on behalf of the German Federal Ministry for Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV), is currently assessing the market potential of green hydrogen and fuel cell applications in urban and remote areas in the Philippines,” GPCCI said in a statement.

GPCCI executive director Christopher Zimmer stated that Germany’s technological expertise in green hydrogen can assist the country in increasing the share of renewable energy in its energy mix while also lowering greenhouse gas emissions.

“We are convinced that German technology providers can contribute greatly to the country’s energy transition,” Zimmer said.

He noted that the modifications to the Foreign Investments Act and the Public Service Act will enable German and Philippine enterprises to collaborate on investigating and investing in this sector.

Mark Shiels, vice president of energy systems at German hydrogen technology company H2 Core Systems GmBH, said the Philippines should invest in hydrogen technology since it plays a critical role in climate protection.

“In the Philippines, a geographically dispersed country, the use of green hydrogen and fuel cell technology can be an environmentally friendly alternative to diesel generators, whose use is widespread as backup power in urban areas and as power source in remote off-grid areas,” Shiels said.

Green hydrogen contributes to Germany’s objective of achieving zero greenhouse gas emissions by 2050 through investment in research and technological development, as well as trade cooperation and partnerships with other countries.

Meanwhile, the Department of Energy has been investigating hydrogen as an alternative energy source that will contribute greatly to the country’s carbon reduction efforts.

It recently formed a partnership with Australian and Japanese corporations to investigate the possibility of hydrogen as the country’s future energy source.