According to the German-Philippine Chamber of Commerce and Industry, Inc. (GPCCI) German environmental technology can play a major role in climate protection in the Philippines. German hydrogen technology company H2 Core Systems GmbH talks about the potential of Green Hydrogen in the Philippines on ANC Market Edge.
Mr. Mark Shiels, Vice President of Energy Systems at the German hydrogen technology company H2 Core Systems GmbH spoke on ANC Market Edge about the potential application of green hydrogen and fuel cell technology here in the Philippines.
In the context of a hydrogen economy, hydrogen is an energy carrier that stores energy which can be transported to different places and used at later times. In this way, hydrogen acts like a battery. However, unlike conventional batteries, hydrogen can store energy for a long period of time. This makes hydrogen attractive in combination with renewable energy sources, which are by nature fluctuating.
“In the Philippines, a geographically dispersed county, the use of green hydrogen and fuel cell technology can be an environmentally friendly alternative to diesel generators, whose use is widespread as backup power in urban areas and as power source in remote off-grid areas.” says Mr. Mark Shiels, Vice President of Energy Systems, H2 Core Systems GmbH.
Green hydrogen refers to hydrogen that is generated through non-carbon emitting renewable energy sources.
“We are convinced that German technology providers can contribute greatly to the country’s energy transition”, says Mr. Christopher Zimmer, Executive Director of GPCCI. “We are also glad to see positive developments in major economic reforms in the country. The Public Service Act and the Foreign Investment Act Amendments may both introduce significant investment opportunities that shall encourage more German companies to engage in the Philippines,” Mr. Zimmer continues.
The Philippine government committed to increase the share of renewable energy in the country's energy mix to 35% by 2030, while reducing greenhouse gas emissions by 75% in the same time span.
Green hydrogen will play a key role in Germany's national strategy to reach the goal of zero greenhouse gas emission by 2050. The strategy includes investments in research and technology development, and hydrogen trade cooperation and partnerships with other countries to achieve this goal.
The German-Philippine Chamber of Commerce and Industry (GPCCI), on behalf of the German Federal Ministry for Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV), is currently assessing the market potential of green hydrogen and fuel cell applications in urban and remote areas in the Philippines.
For the full interview, follow this link: What is 'green hydrogen' and what is its potential in PH energy scene | ANC