Contact

Solar, hydrogen and fuel cells combined

By

May 15, 2020

Image titel:

Sources:

Solar, hydrogen and fuel cells combined

apartments
Apartment complex after renovation, © Vårgårda Bostäder

Vårgårda, a small town in the south west of Sweden, took a crucial step toward more sustainable public housing when it turned six apartment blocks into energy-independent buildings by using a combination of PV solar panels, batteries and hydrogen fuel cells.

The buildings, jointly known as the Backgårdsgatan housing project, were erected in the mid-1970s with support from Sweden’s public housing program “miljontalsprogrammet” (program for the millions) and contain 172 apartments. Before renovation, they hadn’t met modern building codes for quite some years. Something had to be done about their interior and amenities, as well as their indoor climate and energy efficiency, not least because their age and a slew of social issues had given them a bad reputation.

Advertisements

High energy costs, low financial health

Outdated technology and high operating, maintenance and energy costs meant the real estate value of the buildings was low. This limited the financial health of Vårgårda Bostäder, the housing provider that owns and operates Backgårdsgatan and similar communities in Vårgårda, a town of 11,500 people.

Realizing the gravity of the situation, Jan Thorsson, CEO of Vårgårda Bostäder, decided, together with the town’s council, that it was time to act. Thorsson started looking for ways to improve and upgrade the buildings, raise their energy efficiency, lower maintenance and operating expenses and stabilize energy costs. Early on, he identified the ever-rising prices for electricity and district heating as significant and unpredictable factors in facility management, noting that they could seriously jeopardize ROI and real estate values after modernization. As a result, he turned his attention to onsite energy generation, with the aim of creating an energy-independent apartment complex.

Safe investment, rising property value

  • Previously, this Backgårdsgatan building (left column) was valued at SEK 7 million, while annual energy purchasing (AEP) reached 140 kWh per square meter.
  • Following renovation, its value rose to SEK 47 million, at 25 kWh of AEP per square meter.
  • After the off-grid energy system was added, the building was worth SEK 55 million, at 4 kWh of AEP per square meter (the target being 0 kWh).

read more in H2-international May 2020

Author:
Michael Jensen

Kategorien: Europe

Here are interesting and current articles on the topic of hydrogen – stocks and the stock market!

Economic prospects for companies in the hydrogen sector | Future, stocks & hydrogen companies on the stock exchange and more…

Which hydrogen companies will prevail in the competitive market in the long term? Get tips and cartwheels and learn more about risks or opportunities. Our stock market specialist and expert author Sven Jösting reports critically, independently and competently.

May 16 2024

New CFO for H-Tec Systems

Electrolyzer manufacturer H-Tec Systems underwent restructuring at the turn of the year and...
May 16 2024

One-man show continues to grow

Hydrogeit Verlag celebrates its 20th anniversary The Hydrogeit Verlag publishing house has been...
May 15 2024

Hydrogen for the post-coal era

Nuclear energy also to power electrolysis in Hungary In May 2021, Hungary published its national...
May 15 2024

Hüwener to lead OGE

Thomas Hüwener will become the new management spokesman for transmission system operator OGE from...
May 15 2024

Accelerating expansion and reducing hurdles

German government adopts power plant strategy It took a long time, but now it's here – the power...
May 15 2024

Brussels approves IPCEI projects

3rd funding wave for H2 infrastructure measures The decision has finally come. In mid-February...
May 15 2024

Apex becomes H2APEX

Apex, headquartered in Rostock, Germany, is continuing to make big strides forward in the hydrogen...
May 06 2024

Lübesse Energie wants to become a pioneer

Project realization despite Exytron bankruptcy Originally at the end of 2023, an “emissions-free...
May 02 2024

Bischof-Niemz appointed to Enertrag board

Project developer Enertrag has appointed Tobias Bischof-Niemz to the board. From the beginning of...
Apr 30 2024

“Cool, what you’re doing in Germany”

“Today is a good day for industry location Germany, climate protection and sustainable jobs in our...
Apr 30 2024

DWV shortens its name

As of January 2024, the DWV has a slightly shorter name. Instead of being called the German...
Apr 30 2024

Changes at CEP

New board, new members and a new structure – that’s the news in the latest press release from the...
Apr 18 2024

Plug Power – Price jumps with many questions

The Plug share price fell quickly to under 3 USD (2.50 USD at low) and then rose again to over...
Apr 17 2024

Siemens Energy – Light at the end of the tunnel

Siemens Energy is on the right track, as the latest figures show. Although the wind subsidiary...
Apr 17 2024

Nikola Motors – Outlook speaks for the company

The press conference in February 2024 on the fourth quarter results and the entire year 2023 and,...
Apr 17 2024

Hyzon Motors – Strong patent position

Hyzon Motors will start production of 200‑kW modules for commercial vehicles in the USA in the...
Apr 17 2024

FuelCell Energy – Carbon capture as a growth story?

FuelCell Energy has with SOFC fuel cell power plants built its own capacities for clean energy...
Apr 16 2024

Hydrogen economy gaining speed

Trade fair guide for Hannover Messe 2024 AI and hydrogen are the focus of this year's Hannover...
Apr 16 2024

Politicians with an open ear for hydrogen

Optimism at the H2 Forum in Berlin A good 450 participants gathered at the specialist conference...
Apr 16 2024

Gas producers are the winners of the H2 ramp-up

The major international gas companies such as Linde, Air Liquide and Air Products have always been...

0 Comments

Trackbacks/Pingbacks

  1. HYDROGEN – designfromnature - […] Link: https://www.h2-international.com/2020/05/15/solar-hydrogen-and-fuel-cells-combined/ […]

Leave a Reply