RWE Gas Storage West has initiated a market survey to gauge future hydrogen storage demands from producers, users, industrial companies, and traders. This survey, which runs until the end of June 2024, is a strategic step towards designing storage facilities tailored to the emerging hydrogen market.
Hydrogen is increasingly recognized as a crucial element in the shift towards renewable energy. It serves as a clean, storable, and transportable energy carrier, essential for mitigating the fluctuations inherent in renewable energy production. Effective hydrogen storage is critical for ensuring a stable and reliable energy supply, providing structured supply products to consumers.
The primary goal of RWE Gas Storage West’s survey is to identify specific storage demands. By understanding when and where hydrogen storage capacities are needed, RWE aims to develop customized storage solutions that align with market needs. This proactive approach is intended to support further investment planning and ensure that future hydrogen storage infrastructure is both effective and efficient.
RWE Gas Storage West is encouraging stakeholders across the hydrogen value chain to participate in the survey. This includes hydrogen producers, users, industrial companies, and traders. By submitting their storage requirements, these entities can influence the development of storage capacities that meet their specific needs. Interested parties can submit their requirements via the RWE website.
RWE Gas Storage West is at the forefront of developing industrial-scale hydrogen storage facilities. The first such facility is planned for Gronau-Epe in North Rhine-Westphalia. The project aims to leverage federal and state funding under the “Important Projects of Common European Interest” (IPCEI Hydrogen) program. Although the EU has approved funding for the project, a concrete funding commitment is still pending. RWE plans to make an investment decision once a definitive grant notice is received.
