Uniper’s Hydrogen Journey
Protecting the earth’s climate and achieving a carbon-neutral future will require the efforts of companies, policymakers, and individuals alike.
Protecting the earth’s climate and achieving a carbon-neutral future will require the efforts of companies, policymakers, and individuals alike. Our decarbonization journey is well under way, and we’ve set ambitious targets: Uniper aims for the electricity it produces in Europe to be net zero carbon by 2035. To help propel the transition to a sustainable, climate-friendly economy, our business activities are focusing increasingly on hydrogen.
Hydrogen will enable us to continue providing our customers with a reliable supply of climate-friendly energy products. Our decades of experience in asset operations, trading, and advanced technologies ideally positions us to actively shape the international hydrogen market. That’s why we’re working systematically to operate worldwide along the entire value chain and to conducts projects that will make hydrogen a mainstay of tomorrow’s energy supply.
Hydrogen will play a key role in many of our innovations and help us support our industrial customers’ decarbonization journeys. Our initial focus is on their production processes that are difficult to electrify and therefore unable to benefit from the increasing share of renewables in the electricity mix. Powering these processes with hydrogen or e-fuels will deliver significant carbon savings. Hydrogen can also help decarbonize the mobility and energy sectors. These are some of the reasons why decarbonization is an exciting business for us.
Hydrogen trading will play an equally important role for us. Hydrogen demand will rise across all sectors. Europe will therefore have to meet a large part of its future hydrogen needs with imports— either by pipeline or by ship—and should adopt a technology-neutral approach. Uniper’s long history of sourcing energy globally positions it superbly to help Europe get the low-carbon energy it requires.
The transition to a sustainable energy world can only succeed if policymakers, businesses, and the general public work together. For us, this means leveraging synergies and forging strong partnerships in order to swiftly implement industrial-scale projects. Our aim is to make renewable hydrogen a key future energy carrier. Until enough renewable hydrogen is available, however, we believe it will be necessary to also utilize low-carbon hydrogen during the transition period. That’s why we’re technology-neutral. Because regardless of the technology, we provide our customers with reliable energy today and will continue to do so in the future.