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Siemens Energy – still an interesting entry-level stock

Siemens Energy – still an interesting entry-level stock

Silyzer 200 PEM electrolyzer, © Siemens Energy

Silyzer 200 PEM electrolyzer in Werlte, Germany, © Siemens Energy

If you read about any of the major hydrogen projects underway, you will be unable to avoid Siemens Energy. Orders like the recent ones worth EUR 700 million should be on the agenda. Even the problems with its wind power subsidiary Gamesa seem solvable because – regardless of short-term problems (price increases in raw materials and component shortages) – the market is growing strongly. Here, I would venture to suggest to the company that it integrates wind farms into existing projects and offerings via Power Purchase Agreements, or PPAs, from the outset. Then you would be able to view a wind farm from a different return perspective and margin. (more…)

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Hydrogen Manifesto signed

Hydrogen Manifesto signed

On October 6th, 2021, during the Green Hydrogen Forum at The smarter E Europe Restart 2021, the German hydrogen and fuel cell association DWV (Deutscher Wasserstoff- und Brennstoffzellen-Verband) as well as Hydrogen Europe together with the European Fuel Cell Forum published “The Green Hydrogen Manifesto.” It contains twelve demands addressed to policy-makers and governments at the EU, national and regional level. The authors’ aim is to promote the role of hydrogen as the means to a circular economy and full decarbonization and to create a sustainable hydrogen and energy economy. (more…)

DWV demands concrete roadmap for economic miracle

DWV demands concrete roadmap for economic miracle

Host Olaf Lies

Host Olaf Lies, environmental minister of Niedersachsen

On October 26th, 2021, the German national association for hydrogen and fuel cells (Deutsche Wasserstoff- und Brennstoffzellenverband, DWV) celebrated its 25-year anniversary at the Vertretung Niedersachsen in Berlin and appropriately held a parliamentary evening with numerous prominent participants. A central theme was that DWV has been advocating for a sustainable hydrogen and fuel cell industry since 1996 and now also expects agreement from the new federal government on a detailed, concrete roadmap for the ramp-up of an H2 economy. (more…)

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FCH JU becomes Clean Hydrogen Partnership

FCH JU becomes Clean Hydrogen Partnership

Ursula von der Leyen, © European Union

© European Union

During European Hydrogen Week, beginning of December 2021 in Brussels, the president of the European Commission, Ursula von der Leyen, reaffirmed the role of Europe as leading in the expansion towards greater production of clean hydrogen. She explained to the nearly 2,000 registered participants, “This is without doubt a global undertaking, but I want Europe to lead the race.” (more…)

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Hydrogen Manifesto signed

Hydrogen Summit in Glasgow

Parallel to COP26, on November 11th, 2021 the Hydrogen Transition Summit took place in Glasgow. There, Seifi Ghasemi, president and CEO of Air Products, the main sponsor of this conference, explained, “Climate change is real. We need to switch the energy supply to renewables.” Ivo Bols, president of the Europe and Africa branch of Air Products, said that his company will play an “important role in the H2 community.” Jean-Pierre Brisson, attorney and partner at the law office Latham & Watkins, which has advised in particular US fossil fuel companies on CCS issues, advocated pro blue hydrogen. (more…)