Press statement on import strategy

VNG AG

Ulf Heitmüller, CEO of VNG AG, comments on the hydrogen import strategy

“For the year 2030, the German government is projecting an annual hydrogen requirement of 95 to 130 TWh in Germany to support the decarbonisation of industry. However, domestic production will not be sufficient to cover the resulting demand for hydrogen. Large quantities of hydrogen will therefore have to be imported. Accordingly, we welcome the commitment by the German government to a hydrogen import strategy. It is a positive signal that the hydrogen import strategy also explicitly integrates the import of low-carbon/decarbonised hydrogen. Low-carbon hydrogen is playing an important role in the transition phase leading to complete decarbonisation of the energy supply. It can already be produced and imported in large quantities. This makes it an important factor in ramping up the hydrogen economy. Now that the strategy has created clarity in relation to German government’s guidelines and overarching goals for hydrogen imports, it is important to further develop the framework conditions to increase the demand for green hydrogen as a prerequisite for imports.”

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ABOUT VNG AG

VNG is a group of over 20 companies active in the European energy industry, employing about 1,700 people. As a gas importer and wholesaler as well as an operator of critical gas infrastructure, the Group, which is headquartered in Leipzig, is central to the secure supply of gas in Germany. With the “VNG 2030+” strategy, VNG is also pursuing an ambitious path for a market ramp-up of renewable and decarbonised gases such as biogas and hydrogen, paving the way for a sustainable, secure supply and, in the long term, climate-neutral energy system of the future.