Transporting renewable hydrogen from Spain to the Franco German border could cost between โฌ0.60 and โฌ1 per kilogram, according to new estimates from the H2Med Alliance, putting infrastructure costs at a potentially manageable level relative to the wider economics of European green hydrogen.
BASFโs โฌ10.3 billion approach for Evonik has been rejected at the first hurdle, but the failed opening bid is already exposing a broader question for Germanyโs chemical industry, whether consolidation can compensate for structural cost and competitiveness problems that individual companies cannot solve alone.
Germany is putting โฌ212.5 million into research and development for e-fuels and CO2-based precursors, but the structure of the program highlights a central problem facing the sector: reducing the cost and technical complexity of synthetic fuel production before commercial scale can become viable.
EcoMethanol, Taebaek City and Sinokor Merchant Marine signed a tripartite memorandum of understanding to develop a green methanol production and supply hub at the Dongjeom Industrial Complex in Taebaek, Gangwon Province.
