BAKU, Azerbaijan, June 11. Green hydrogen has been a topic of knowledge exchange within the cooperation between Uniper and Azerbaijan's SOCAR, Michael Hilmer, VP at Uniper, told Trend.
"For Uniper, hydrogen is a critical component of its decarbonization and energy transition strategy. Uniper published in August 2023 its new strategy named "Accelerating the Energy Transition – Flexible, Balanced, Bespoke". Uniper wants to reach carbon neutrality by 2040 by significantly investing in growth and energy transformation," he said.
According to the VP, the plans include the development of a portfolio of 15-20 GW power production which will be 80 percent green by 2030.
"Furthermore, Uniper is diversifying its gas portfolio to enhance the security of gas supply in Europe. The company’s ambition is for 5-10 percent of its portfolio to consist of green gases by 2030, including green hydrogen and derivatives and biomethane," Hilmer elaborated.
He explained that this target will be addressed by developing more than 1 GW electrolyzer capacity to produce hydrogen from green electricity supply, as well as developing a portfolio of green hydrogen and derivative products, and biomethane.
"These are some steps Uniper is taking, which would limit the detrimental effects of future energy crises," he concluded.