Schnettler: No, this isn’t an either-or situation. We need an immense grid expansion worldwide, especially over the next 10 to 15 years. In 15 years at the latest, expanding the grid infrastructure will no longer be sufficient in itself. We need storage facilities and new consumers – a variety of them. One is power-to-gas. The background is obvious: The percentage of renewable energies will grow worldwide, while at the same time its levelized cost will drop considerably. The PV price in Europe today is already under 4 US cents per kilowatt hour.
In windier and sunnier locations such as the Middle East, it’s even less than 2 cents! At the same time, the goal is to decarbonize all sectors – to which power-to-gas can make an important contribution. The generation of carbon-neutral hydrogen and its further use is a major contributor for this sector coupling, meaning the increasing interconnection of all sectors, including electricity, heating/cooling, gas, industry, and mobility.